India-UK will close Free Trade Agreement on July 24, hope for a 25 billion pound jump in annual trade
India-UK Free Trade Agreement: Both the countries had announced the completion of FTA talks on May 6 this year. The trade agreement proposes to remove taxes on exports of labor-intensive products such as leather, shoes and clothing, while making imports of whiskey and cars from Britain cheaper. Both sides want to double bilateral trade to US$ 120 billion by 2030.
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