Hyderabad, July 24 -- Bharatiya Janata Party spokesperson CR Kesavan on Thursday stated that the yet-to-be-signed India-United Kingdom Free Trade Agreement (FTA) marks a pivotal moment, providing Indian businesses, particularly SMEs, with a substantial competitive edge in the UK market.

The FTA ensures zero tariffs on 99% of Indian exports to the UK, covering nearly 100% of trade value. This move will eliminate import duties on sectors like textiles, leather, footwear, gems, and jewellery, making Indian goods more competitive in the UK market.

"The upcoming free trade agreement between India and the UK marks a historic milestone, a path-breaking defining moment in trade diplomacy. It will immensely benefit our nation and our people. Thi...