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India-UK Free Trade Deal Takes Effect, Crypto Markets Eye Digital Trade Provisions

India-UK Free Trade Deal Takes Effect, Crypto Markets Eye Digital Trade Provisions

What the deal covers

The agreement reduces tariff barriers on a range of goods, from Scotch whisky to Wimbledon towels. India and the UK expect the pact to boost bilateral trade by billions of pounds over the next decade. The deal was years in the making, and its implementation marks a rare bright spot for global trade amid rising protectionism.

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