💨 Abstract

Britain and India have finally agreed on a long-delayed free trade agreement, which will significantly reduce tariffs on Scotch whisky, automotive parts, cosmetics, and medical goods, among other products. The deal is expected to boost bilateral trade by 25.5 billion pounds ($34 billion) annually in the long run, with Scotch whisky exports to India potentially increasing by 1 billion pounds over the next five years.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖