09-May-2025
Economy News
 
India-UK FTA bypasses China’s dependence, navigates US tariffs: SBI report
08-May-2025

India and the United Kingdom have signed a landmark free trade agreement (FTA), momentous not only in quantitative magnitude — encompassing reductions across 90 per cent of tariff lines — but also in its emblematic stature as a recalibration of post-globalisation economic strategy, an SBI report said on Wednesday. The FTA signal a new global trade strategy, bypassing China’s dependence, navigating US tariffs and reshaping post BREXIT Britain.

News Source:- https://www.financialexpress.com/policy/economy-india-uk-fta-bypasses-chinas-dependence-navigates-us-tariffs-sbi-report-3836258/?ref=hometop_hp