India-UK Free Trade Agreement Signed: Comprehensive Analysis of Tariff Reductions, Market Access, Sectoral Gains, and Strategic Partnership
A Free Trade Agreement (FTA) is a legally binding pact between two or more countries that eliminates or reduces barriers to trade, such as tariffs or import quotas, thereby facilitating the free flow of goods, services, investments, and—often—people between the signatories. The recent India-UK FTA (signed July 24, 2025) marks...