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UK and India finalize a free trade agreement, aiming to boost trade by £25.5 billion annually.
The UK and India have finalized a free trade agreement after three years of negotiations, aiming to cut tariffs, boost market access for goods and services, and enhance opportunities in sectors like construction and telecommunications.
The deal will eliminate tariffs on 99% of Indian exports to the UK and reduce tariffs on 90% of UK goods exported to India, potentially increasing bilateral trade by £25.5 billion annually.
It also includes provisions for digital customs processes and better access for small businesses.
The agreement reflects India's growing global economic role and aims to deepen cooperation in investment and innovation.
Reino Unido e India finalizan un acuerdo de libre comercio, con el objetivo de impulsar el comercio en 25 500 millones de libras esterlinas anuales.