Evaluate the role of the India-UK FTA in facilitating greater market access and professional mobility. (Answer in 150 words)
Main Body
India has signed comprehensive Economic Partnership Agreement with United Kingdom recently.
1. Reduce export duties on Indian agricultural products like maritime head, Meat etc.
2. Facilitate export of Manufactured goods like electronics through Reduced duties.
India-UK FTA be facilitate export of UK market across professional mobility
3. Touch the challenge of Non-tariff barriers (like phytosanitary standards) for Indian goods.
Role of India-UK FTA is a watershed moment in bilateral relations. It will not only boost economics of both nations but also bring strategic dividend in long run.
[Continuation from Q10] ➝ Structured visa regime for professionals like IT sector employees
➝ Greater labour mobility for Indian blue collar workers & Nurses
Role of India-UK FTA:
➝ Facilitate service exports through justice between two countries
➝ Increase bilateral trade thereby creating mutual dependencies
➝ Tap the market for Indian good like traditional Madrasah control as to high demand
India-UK FTA is a watershed moment in bilateral relations. It will not only boost economics of both nations but also bring strategic dividend in long run.
Animesh Jain
Effect of Policies of Developed/Developing Countries and Indian Diaspora
Trade Agreements and Market Access
India-UK FTA
173
Total words
12
Paragraphs
analytical
Tone