India-UK FTA revs up trade: Duty cuts on premium cars, yoga visas, & open bids on the table - News Summed Up

India-UK FTA revs up trade: Duty cuts on premium cars, yoga visas, & open bids on the table


"Legal scrubbing of thousand pages of the treaty will be done. It takes 2-3 months for legal checks and about a year to get it through parliament," the official said.While the UK has offered mobility commitments to annually allow a combined 1,800 yoga instructors, classical musicians, chefs and independent professionals under the pact which was concluded early this month, the official said there is "no real effect on the UK's migration system. "The FTA has a chapter on government procurement wherein eligible UK suppliers would be allowed to bid for domestic tenders. "There will be various projects where UK companies will be able to compete with Indian firms," he added. The pact is expected to increase bilateral trade by £25 billion.


Source: The Times May 28, 2025 06:43 UTC



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