New Delhi, July 31 -- The recently signed Free Trade Agreement (FTA) between India and the United Kingdom is expected to help India manage the impact of 25 per cent tariff announced by the United States President Donald Trump, noted Economist Dipanwita Mazumdar.
Mazumdar said the India-UK trade deal can now act as a buffer against the U.S. amid the challenging tariff times.
"India-UK trade deal is also a testimony of India's footsteps towards integrating in global supply chain. The fine print of the details is positive in terms of employment generation," she told ANI.
The economist highlighted that the agreement would support employment growth, especially in labour-intensive sectors such as fish products, chemicals, jewellery, leather,...
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