About This Trend
A free trade agreement (FTA) is a trade pact between two or more countries that eliminates tariffs and other trade barriers to enhance economic integration.
According to Bloomberg, India and the UK have signed a landmark free trade agreement slashing tariffs and barriers, aiming for $120 billion trade by 2030. The agreement is seen as a significant step towards strengthening economic ties between the two countries. Read more about the agreement, which is expected to boost exports and imports.