Evaluate the role of the India-UK FTA in facilitating greater market access and professional mobility. (Answer in 150 words)
Main Body
The recently signed India-UK FTA aims to increase bilateral trade from $60 billion to $120 billion by 2030.
Role in Greater Market Access
1. 20% reduction in tariff for Indian agricultural goods
2. Uniformity in sanitary & phytosanitary measures
3. Removal of non-tariff barriers to trade
4. Increasing connectivity in trade routes
Role in Greater Professional Mobility
1. Visa agreement - to boost professional mobility
2. DCC agreement to reduce double liabilities on professional workers
3. Reduced compliance burden for professionals migrating between India & UK
Thus the India-UK deal is a progressive step for two Natural partners
- Clear sectoral analysis
- Quantified targets ($60 to $120 billion)
- Addresses both market access and mobility
- Structured presentation with subheadings
Akshit Bhardwaj
Bilateral, Regional and Global Groupings affecting India
India-UK Relations
India-UK FTA and Market Access
98
Total words
11
Paragraphs
analytical
Tone