UK and India Forge Landmark Trade Deal Amid Global Tensions
In a significant development, the UK and India have successfully concluded a landmark trade agreement after three years of negotiations, marking the start of a new era of trade relations between the two nations. The deal aims to remove tariffs on 90% of UK imports and promises to strengthen the strategic partnership between the countries. British and Indian leaders, including Prime Minister Modi, hailed the agreement as a historic milestone, with expectations of mutual benefits in sectors such as clean energy, clothing, and Scotch whisky, which is set to see tariffs halved. This deal comes against the backdrop of ongoing tariff tensions led by the US, and is seen as a crucial step for both nations in enhancing their economic ties.
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