New Delhi, March 20 -- The free trade agreement (FTA) between India and the United Kingdom is likely to be implemented by early May, as both sides work to resolve pending issues, officials said.
The agreement, signed in July last year, is currently awaiting final processes, including approval by the UK Parliament.
Officials indicated that the trade agreement between India and the European Union (EU) is also progressing, with ratification expected by November and implementation likely within the year, PTI reported.
The pact, described as a major trade milestone, is expected to provide duty-free access to about 93 per cent of Indian exports to the 27-nation bloc, while reducing tariffs on select European imports such as luxury cars and ...