India’s revenue foregone in first year of trade pact with U.K. estimated at ₹4,060 cr: GTRI

India’s revenue foregone in first year of trade pact with U.K. estimated at ₹4,060 cr: GTRI

The India-U.K. free trade agreement, which was signed on July 24, will lead to a loss of customs revenue for both the countries, as tariffs are reduced or eliminated on a wide range of goods, GTRI said. File | Photo Credit: The Hindu India is expected to forego customs revenue of ₹4,060 crore in the […]

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U.K. delivering on new FTA with India, says Rishi Sunak

U.K. delivering on new FTA with India, says Rishi Sunak

Britain’s Prime Minister Rishi Sunak (left) listens with guests as Lord Chancellor Dominic Raab speaks during the annual Lord Mayor’s Banquet at the Guildhall in central London, Monday, Nov. 28, 2022. | Photo Credit: AP British Prime Minister Rishi Sunak has reiterated the U.K.’s commitment to a Free Trade Agreement (FTA) with India as part […]

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