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Both sides have noted a significant contract for several years.
India and England agreed to a trade agreement after three years of talks, and this said that the enemy would increase their economies Tariffs of US President Donald Trump.
The British government said on Tuesday that the “agreement” will increase by 5.8 billion pounds ($ 34 billion) ($ 3.8 billion) and the salaries of $ 5.8 billion ($ 2.9 billion) and the salary will increase 2.2 billion pounds ($ 2.9 billion pounds). “
“Indian tariffs will reduce 90 percent of the tariffs, 90 percent reduction of tariffs until it is free from full tariffs for ten years.”
The English alcohol and the automotive industry falls in half after reducing 75 percent after reducing the percentage of some basic beneficiaries, whiskey and demon of demons. Car tariffs will go up to 10 percent to 10 percent under a quota.
Tariffs will also decrease in English exports, including cosmetics, medical devices, aerospace, lambs, salmon, chocolate and cookies.
The Ministry of Commerce of India said 99 percent Indian exports would not face import duty under the bargain.
“This is approaching our goal of being a global economic power. It protects our main interests when opening the door to participate in global value chains of India,” he said.
The transaction provides the “double contribution conventions”, which releases Indian employees in the UK for up to three years and vice versa.
Discussions further discussed in the leading negotiations and labor and environmental standards in a separate bilateral investment contract continue.
Indian Prime Minister Narendra Modi and his English counterpart Keir Starmer spoke on the phone to celebrate the agreement on Tuesday, and Modi invited Starmer to the country.
“These remarkable contracts will further deepen our strategic partnership and will further develop trade, investment, growth, jobs and innovation in our economy,” Modi X. said
“Strengthening our unions and reduce trade barriers to the economies around the world, a stronger and more reliable economy is part of our plan,” said Starmer, the government said Leaving the European Union in 2020, the largest trade agreement in England.
The two leaders are expected to meet in the coming months and to meet the deal.
India also tried to take a freedom in the UK’s upcoming carbon taxes – the climate policy to be implemented in 2027 – but the officials did not inform the details of Tuesday.
The deal comes to negotiate for negotiations to think of new strategies and trade all over the world Expenses of tariffs applied by Trump management In the US.
