⚡UK Says India FTA To Slash Tariffs on Key Products, Including Whisky, Cosmetics, Medical Devices

Indian tariffs will be slashed, locking in reductions on 90 per cent of tariff lines, with 85 per cent of these becoming fully tariff-free within a decade. The deal is expected to increase bilateral trade by GBP 25.5 billion, UK GDP by GBP 4.8 billion and wages by GBP 2.2 billion each year in the long run.