Topic
india-uk fta
Trade India-UK FTA Takes Effect: Scotch Whisky, Cars, Silver See Major Tariff Cuts
The India-UK Free Trade Agreement (FTA) took effect on July 15, 2026, marking a significant milestone in bilateral trade. Under the deal, 99% of India's tariff lines gain duty-free access to the UK, while India phases down duties on British goods including Scotch whisky, premium cars, silver, and medical devices over five to ten years. Key sectors such as dairy and cereals remain protected.
Trade British MP Bob Blackman Urges Building on India-UK FTA Gains, Warns Against EU Trade Dilution
British Conservative MP Bob Blackman praised the India-UK FTA as a positive development after 15 rounds of talks, but warned that future UK-EU trade arrangements could countermand the advantages. Government sources confirmed the India-UK Comprehensive Economic Trade Agreement (CETA) is the most aspirational agreement, opening a market worth over USD 500 billion for Indian businesses, with over 99% of India's tariff lines and trade moving to zero duty.
Trade India-UK FTA Sparks Partnership Rush Among Boutique Law Firms
The India-UK free trade agreement, effective July 15, 2026, is prompting a surge in partnerships among boutique law firms. Mumbai-based Solicis Lex has inked a formal partnership with London’s Child & Child, and more tie-ups are expected. The FTA is expected to boost demand for legal services in real estate, immigration, M&A, and tax structuring, particularly for cost-sensitive high-net-worth individuals and SMEs.