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Boost for labour intensive sectors
May 07, 2025
|The New Indian Express Vishakapatnam
INDIA and the UK on Tuesday finally concluded a Free Trade Agreement (FTA) that had been under negotiation for the past three years.
The deal opens up the UK market for Indian goods and services by eliminating tariffs on nearly 99% of tariff lines, covering nearly 100% of the trade value. Labour-intensive sectors in India — such as textiles, footwear, carpets, automobiles, and marine products — which currently face UK tariffs ranging from 4% to 16%, are expected to be among the biggest beneficiaries.
هذه القصة من طبعة May 07, 2025 من The New Indian Express Vishakapatnam.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Vishakapatnam
The New Indian Express Vishakapatnam
Nominations for BJP prez on Jan 19, result next day; Nabin likely to be named
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Setback to Soren as HC stays police probe into FIR against ED officials
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COLOURING THE BUDGET GREEN
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2 mins
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