As of April 2025, what percentage of the India-UK Free Trade Agreement (FTA) has been finalised, bringing both the nations closer to concluding the deal?​

Correct option is A

The correct answer is (a) 90%.

As of April 2025, 90% of the terms for the India-UK Free Trade Agreement (FTA) have been finalized. This marks a significant progress towards concluding the deal, which aims to boost bilateral trade, reduce tariffs, and enhance market access for both countries.

• The India-UK Free Trade Agreement was a major initiative to strengthen economic ties between the two nations, and the agreement covers a wide range of sectors, including goods, services, investment, and digital trade.

Additional Facts:

• Tariff Reductions: The agreement includes provisions for tariff reductions on 90% of UK goods, and 85% of these will be completely tariff-free within a decade.

• Market Access: The agreement also aims to provide zero-duty access to 99% of Indian exports, especially in sectors such as textiles, chemicals, and machinery.

• Professional Mobility: Provisions for easier movement of skilled professionals between India and the UK have been included.

• Economic Impact: The FTA is expected to increase bilateral trade by £25.5 billion annually by 2040 and contribute significantly to both economies.

• Implementation Timeline: The agreement is set to be fully implemented after legal scrubbing and parliamentary ratifications, expected to take up to 15 months for completion.