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Far and Wide | October 2023 (IV)

Our headline this week features the story on the limited benefit for India in a trade deal with the UK; a fast-paced discussion to sign an FTA between the countries is expected to take shape by the end of this month when UK Prime Minister Rishi Sunak is expected to visit India. However, as per the expert's opinion,  the growth of Indian exports to the UK heavily relies on product quality than the FTA alone. The FTA is also expected to lead to a reduction of tariffs on goods and create new trade opportunities for the countries involved.