What are the details of the Indian UK trade agreement?
Asked 1 day ago
Answer
The India-UK trade agreement is a landmark deal covering sectors like AI, critical minerals, semiconductors, and cybersecurity. It includes tariff reductions on British whisky, cars, and food, and near duty-free access for Indian textiles and electric vehicles. The deal also grants work visa concessions and omits a proposed carbon tax. The agreement is seen as significant for both countries' global trade strategies, though its immediate economic impact is modest.
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UK, India sign free trade agreement during Modi visit
Al Jazeera · Current
Al Jazeera
Current
- The UK and India have signed a free trade agreement after three years of negotiations. 5s
- The deal covers sectors including AI, critical minerals, semiconductors, and cybersecurity. 32s
- India will reduce tariffs on British whisky, cars, and some food items; the UK will offer near duty-free access to Indian textiles and electric vehicles. 55s
- The UK made concessions on temporary worker taxes and excluded a proposed carbon tax. 1m 25s
- The agreement does not address India's ties with Russia, but both nations have prioritized trade. 1m 43s
