
India-UK FTA revs up trade: Duty cuts on premium cars, yoga visas, & open bids on the table
New Delhi: India’s duty cuts on British automobile imports are largely in the premium segment and the Carbon Border Adjustment Mechanism (CBAM) is not part of the bilateral free trade agreement, a UK official said. Under the India-UK FTA, tariffs for a limited quota of vehicles will be lowered to 10% from the current more…