India signs Free Trade agreement with UK; boost by $34 billion

India and the UK has signed a Free Trade Agreement, aiming to boost bilateral trade by $34 billion annually by 2040 through tariff reductions and enhanced economic cooperation.

This would eliminate tariffs on 99% of Indian exports and 90% of UK exports, boosting trade by $34 billion annually by 2040, creating jobs, and fostering investment and economic growth for both nations.