India-UK FTA comes into effect — Here are the stocks that are in the spotlight
The India-UK free-trade agreement (FTA) comes into effect and it is expected to increase the annual bilateral trade by $120 billion. This includes tariff cuts, improved mobility and market access guarantees. The average tariff on UK imports will drop from 15% to 3%. As much as 99% of the exports to the UK will now enjoy zero-duty access.
The India-UK free-trade agreement (FTA) comes into effect and it is expected to increase the annual bilateral trade by $120 billion. This includes tariff cuts, improved mobility and market access guarantees. The average tariff on UK imports will drop from 15% to 3%. As much as 99% of the exports to the UK will now enjoy zero-duty access.
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