The UK government announced that the recent bilateral Free Trade Agreement (FTA) will facilitate faster, more cost-effective, and simpler trade between British companies and India.
Business and Trade Secretary Jonathan Reynolds characterized the Free Trade Agreement as the most advantageous deal India has ever accepted, as he gathered a newly formed advisory board for its inaugural meeting, aimed at enhancing exports to stimulate the UK economy.
The Board of Trade, consisting of UK business specialists, is responsible for providing focused assistance to small enterprises nationwide and aiding companies in leveraging the export opportunities arising from the UK’s recent free trade agreements, including the pact with India and the subsequent agreement with the US.
