India-UK trade pact takes effect, cutting tariffs and boosting services trade
- Posted on July 15, 2026
- By Dawn
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- 1 min read
The India-UK trade agreement has officially launched, marking a significant milestone in bilateral commercial relations. Britain has eliminated tariffs on nearly 97 percent of its trade lines, representing over 97.7 percent of total trade volume. This comprehensive tariff elimination is expected to enhance market access for both nations, particularly benefiting the services sector. The pact aims to strengthen economic ties, increase investment flows, and create new opportunities for businesses in manufacturing, technology, and professional services across both countries.
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