India, May 13 -- The UK's long-pending Diwali gift to India is finally here-an announcement that has sparked excitement across a nation of over a billion, even amid the shock of the Pahalgam terror attack and global tariff tensions. India and the UK concluded a landmark Free Trade Agreement (FTA) and Double Contribution Convention on May 6. This historic pact covers trade in goods, services, investment, mobility, intellectual property (IP), sustainability and indirectly impact some other actors and industries. Negotiations that lasted nearly three years, beginning in January 2022 were expected to be finalised long ago. The FTA aims to boost trade, investment, jobs, and innovation while strengthening the India-UK strategic partnership. UK ...
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