New Delhi secured quick tariff cut for labour-intensive exports and a landmark breakthrough on professionals' mobility, while London leveraged its lower baseline tariffs to secure deep, phased concess ...
The full benefits of the India–UK FTA will be realised only if tariff rationalisation is passed onto the consumer and is not offset through additional state taxation or restrictive regulatory measure ...
Cameron said it unlocks the combined economic potential of two major economies and will create new opportunities for businesses, investors and consumers in both countries.
The tariff on whisky, currently 150 per cent, will be brought down to 75 per cent initially and further reduced to 40 per cent over the next decade, making imported British spirits more affordable.
Modi said the agreements would deepen economic ties between the two countries and convert their shared vision into concrete opportunities for citizens.
The social security agreement will provide invaluable support to Indian professionals working temporarily in the UK and strengthen the competitiveness of Indian enterprise.