India-UK Trade Deal Signals Modi's Priorities
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India and the UK have signed the landmark CETA deal, offering duty-free access on 99% of tariff lines, including major marine products. This move is expected to boost Indian seafood exports, improve competitiveness,
Britain and India signed a landmark free trade agreement on Thursday during a visit to the UK by Prime Minister Narendra Modi, sealing a deal to cut tariffs on goods from textiles to whisky and cars and allow more market access for businesses.
The agreement promises duty-free access to UK markets for several sectors that form the backbone of Punjab’s economy, including textiles, cycle parts, auto components, sports goods, and agribusiness.
Based on the key features of the DCC highlighted in the side letters, let's examine the implications for Indian employees assigned to work in the UK.
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ABP News on MSNNirmala Sitharaman: India-US Trade Talks ‘Progressing Well’ Ahead Of Trump’s Tariff DeadlineFM Sitharaman said the trade talks with both US and UK are shaping well. Earlier, Trump said that most of the trade deals will be finished by August 1.
India-UK trade deal nears signing: Tariff breaks from gin to gems, social security win for New Delhi
Indian exports are set to benefit from duty elimination on about 99 percent of the tariff lines, covering almost 100 percent of the trade value, especially aiding labour-intensive shipments of textiles,
Commerce and Industry Minister Piyush Goyal on Saturday said the India-UK trade deal can serve as a gold standard for India’s trade negotiations with other partners, as it opens India’s doors for business while protecting sensitive sectors.
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ABP News on MSNIndia-UK FTA A Historic 'Win-Win Deal', Secures 99 Per Cent Duty Free Access, Says Piyush GoyalSpeaking in New Delhi, Goyal stressed that the deal would unlock “immense opportunities” for India’s farmers, fishermen, young professionals, MSMEs, and the business community.