India-UK trade pact takes effect, cutting tariffs and boosting services trade

The India-UK trade pact has officially come into effect, slashing tariffs on thousands of goods and opening up greater market access for services firms and professionals. This deal is a significant step toward enhancing economic ties and fostering mutual business growth between the two nations. With reduced tariffs, businesses can now operate more competitively, which could lead to increased exports and better job opportunities on both sides. This pact signifies a strategic move by both countries to deepen their economic relationship in a global market that's increasingly looking for robust trade agreements.