Why fta Is Trending Today?

**India and UK Finalize Free Trade Agreement (FTA), Expected to Boost Bilateral Trade and Investment**

**India-UK FTA Signed: A $34 Billion Boost to Bilateral Trade** The India-UK Free Trade Agreement (FTA) has been signed, set to double bilateral trade by 2030. Key highlights include: - 99% of Indian exports to enter the UK duty-free. - A three-year exemption from social security contributions for Indian workers in the UK. - Cheaper imports of UK goods, including whisky and cars, for Indian consumers. - Increased opportunities for Indian farmers, pharma, textiles, leather, and footwear sectors. - Enhanced air connectivity between the two countries. - A potential $23 billion business opportunity and at least $20 billion increase in trade. The FTA, described as a "seismic shift" in trade ties, was welcomed by both Indian and UK business leaders and is expected to create new job and skill avenues for Indian youths.