India, May 8 -- The conclusion of negotiations for a free trade agreement (FTA) between India and the UK has been met with resounding optimism in both nations. This pivotal moment marks a significant leap forward in the bilateral relationship, representing a robust commitment to enhancing trade and economic integration. Furthermore, the finalisation of this FTA amidst the turmoil affecting the multilateral trading system - driven mainly by the erratic tariff policies of the US -underscores its importance. The India-UK FTA is a crucial countermeasure to the uncertainties in global trade. It also confirms the broader trend that other bilateral and regional sites are opening up rapidly as the World Trade Organization (WTO) struggles to live ...