Current Affairs - Economy - Discussion

India and the United Kingdom have recently concluded a Free Trade Agreement (FTA) and a Double Contribution Convention aimed at enhancing bilateral trade and economic cooperation. The agreement is expected to significantly benefit sectors such as textiles, leather, footwear, toys, gems, jewellery, and engineering goods. It aims to create greater export opportunities and boost manufacturing, thereby unlocking new economic potential for both countries. This strategic move underscores the growing economic ties between India and the UK, positioning both nations to leverage mutual strengths and expand their global trade footprint.