The recently-concluded India-UK Free Trade Agreement will see tariffs on gin and whisky being halved from 150% to 75%, making the distilled spirits cheaper in India, Reuters reported. Automotive tariffs will also be cut from 100% to 10%, making UK-imported vehicles cheaper. Other UK goods which will face lower tariffs include cosmetics, chocolates, soft drinks, electrical machinery and biscuits.
short by
Ashley Paul /
10:30 pm on
06 May