India and the United Kingdom today reached a long -awaited free trade agreement, the most important such agreement on Britain after Brexit, in the shadow of duties imposed by US President Donald Trump. The agreement between the world and the sixth largest economy in the world was finalized after three years of negotiations and aims to increase bilateral trade by £ 25.5 billion (about 34 billion euros) by 2040, by liberalizing access to markets and relaxation. “These milestone agreements will further deepen our overall strategic partnership and be a catalyst for commerce, investment, growth, job creation and innovation in both our economies,” said Indian Prime Minister Narendra Monti, describing the “ambitious” and “ambitious” and “ambitious” agreement. This agreement reduces tariffs on products such as whiskey, advanced industrial products and foods such as lamb, salmon, […]
Source: News Beast
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