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The India-UK FTA, effective July 2025, cuts tariffs on 99% of goods, boosting exports and supporting small businesses.
The India-UK Free Trade Agreement, signed in July, aims to streamline trade by cutting tariffs, reducing non-tariff barriers, and simplifying customs and digital processes.
According to British Trade Counsellor Mark Birrell, the deal signals a strong trading relationship and is expected to boost exports in sectors like textiles, leather, footwear, and toys, while supporting employment and empowering artisans, women-led businesses, and small enterprises.
The agreement, covering 99% of tariff lines, promotes broader cooperation and requires Indian businesses to meet global standards to fully benefit.
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El TLC entre India y el Reino Unido, que entrará en vigor en julio de 2025, reduce los aranceles sobre el 99% de los bienes, impulsa las exportaciones y apoya a las pequeñas empresas.