
After three years of on-off negotiations, the UK and India have agreed a commerce deal which can make it simpler for UK companies to export whisky, automobiles and different merchandise to India, and lower taxes on India’s clothes and footwear exports.
The deal doesn’t embody any change in immigration coverage, together with in direction of Indian college students learning within the UK, the British authorities stated.
Enterprise Secretary Jonathan Reynolds stated the advantages for UK companies and customers have been “large”.
Final 12 months commerce between the UK and India totalled £41bn and was already forecast to develop, however the authorities stated the deal would increase that commerce by an extra £25.5bn a 12 months by 2040.
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