“India-U.K. FTA: A Game Changer for Trade”
• Commerce Minister Piyush Goyal deems India-U.K. FTA a ‘game changer’.
• The agreement protects sensitive sectors of the Indian economy, including farmers and the MSME sector.
• Trade talks with the U.S. and Oman are ongoing.
• With the FTA, India can ship 99% of its exports duty-free to the U.K.
• The agreement protects sensitive items like agriculture and ethanol.
• Goyal believes the FTA will open doors for India to the developed world.