India and the United Kingdom have signed a landmark Free Trade Agreement (FTA) during Prime Minister Modi's visit to the UK, marking a major milestone in bilateral relations. The deal will significantly reduce tariffs on a wide range of goods, including textiles, whisky, cars, and chocolates, and is expected to boost annual trade by over $34 billion. Key sectors such as textiles, leather, seafood, and premium spirits are set to benefit, with Indian and British companies anticipating increased market access and investment. The agreement also includes provisions for new visa routes, exemptions from social security payments, and a dedicated chapter on gender and economic empowerment. While the deal is hailed as historic and a post-Brexit win for the UK, some concerns remain about its impact on public health and certain industries.
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