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world·World NewsbyRiddick3001

India-UK trade pact takes effect, cutting tariffs and boosting services trade

NEW DELHI, July 15 (Reuters) - India and Britain's trade pact took effect on Wednesday, cutting tariffs on thousands ‌of goods and expanding market access for services firms and professionals in both countries. The India-UK Comprehensive Economic and Trade Agreement gives Indian exporters duty-free access to most British tariff lines, benefiting sectors such as textiles, leather, footwear, marine products, gems and jewellery, and processed foods.

  • India-UK trade pact takes effect on Wednesday
  • Deal cuts tariffs, expands services and mobility access
  • Indian textiles, marine goods, leather and jewellery to gain
  • UK sees openings in autos, services and procurement
https://www.reuters.com/world/uk/india-uk-trade-pact-takes-effect-promising-tariff-cuts-services-boost-2026-07-15/Open linkView original on lemmy.world
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India-UK trade pact takes effect, cutting tariffs and boosting services trade | Spyke