India-UK FTA bypasses China’s dependence, navigates US tariffs: SBI report

IANS | May 7, 2025 5:59 PM

New Delhi, May 7 (IANS) India and the United Kingdom have signed a landmark free trade agreement (FTA), momentous not only in quantitative magnitude -- encompassing reductions across 90 per cent of tariff lines -- but also in its emblematic stature as a recalibration of post-globalisation economic strategy, an SBI report said on Wednesday.