On Wednesday, India exported over $140 million worth of goods duty-free to the United Kingdom under a new trade agreement. The shipments represent the first day of implementation for the Comprehensive Economic and Trade Agreement between the two nations.
More than fifty export consignments were dispatched from over twenty locations across India. The goods being exported include electronics, pharmaceuticals, and textiles, with shipments directed toward various global gateways for distribution to the UK market.
The duty-free exports mark the beginning of the bilateral trade pact's operational phase, allowing Indian exporters to access the UK market without tariff barriers on these initial shipments.
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