The United Kingdom and India have agreed Free trade agreement It will be greatly reduced Fees About him Scotch And many products. The agreement has come up for over three years after the negotiations began, which stagnant under the previous British government.
The Prime Minister of India, Narendra ModiHe said in x that the deal is “ambitious and mutual beneficial.” During the British Prime Minister, Cair StarmerHe described the “milestone” that considers British companies, British workers and British buyers. “
He The British government He confirmed that This Agreement will reduce Indian taxes Import whiskey, cosmetics, medical products, car parts and planes and other items from the United Kingdom.
Fees Whiskey and gin They can be reduced by half 150% to 75% before falling to 40% in the tenth year of the contract. Automobile charges will be reduced from 100% to 10% due to a group.
The Ministry of Commerce of India announced it Will not be subject to 99% fees on Indian exports. “This is approaching our goal of becoming a global economic force. The world’s value protects our basic interests when opening the doors of India’s greater contributions in the world’s worthy chains,” said Indian Commerce Minister Push Goyal.
Office Modi Said the contract included Trade of both goods and services And “a new energy opens so that the two countries collectively create products and services for global markets.”
Royalty The deal is expected to increase bilateral trade by £ 25.5 billion (30,000 million euros) per year. Mark Kent, Managing Director of Scotch Whiskey Association, said the deal would be “transformed” to the industry.
India is one Great World whiskey markets In this deal, Kent said, “The exports of Scottish Whiskey have the ability to increase £ 1,000 million over the next five years.”
Occurs during the contract Countries around the world are transported close to trade agreements To compensate for the fees imposed by the president Donald Trump For United States business partners.
Rain Newton-Smith, Managing Director of the British Industry, said that the deal with India was “the lighthouse of hope in the middle of the spectrum spectrum.” Rationalism“.
Trade negotiations between the United Kingdom and India began a long time ago Trump’s re -choice, With formal conversations since 2022, the then Prime Minister Boris Johnson greeted the United Kingdom in 2020 as an important objective after the departure of the United Kingdom in 2020.
Johnson He promised to close a contract before Diwali in October of the year. When the two countries celebrated general elections by 2024, the two countries celebrated 13 rounds of negotiations without making any progress before the conversation was suspended.
Modi He was re -elected and was led by the Stormmer Labor Party instead of the Conservative Government of the United Kingdom. Modi said the two leaders spoke on Tuesday and invited Starmar to go to India soon. Starmer’s office said he was going to “soon.”
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