India-UK trade deal comes into effect: What’s cheaper in each country now?
The India-UK Comprehensive Economic and Trade Agreement (CETA) has officially taken effect, reducing tariffs on thousands of goods and increasing market access for services. The deal is expected to boost exports for Indian manufacturers and provide the UK with greater access to Indian markets.
Why it matters
This trade agreement is a significant geopolitical and economic development that reshapes trade relations between two major global economies.
The agreement cuts tariffs on thousands of goods and widens access for services firms and professionals in both markets.
The article presents the details of the trade deal using official statements and policy paper summaries from both sides.
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