UK FTA Day 1: India exports $140M worth of goods
Synopsis The CETA allows entry of nearly 99% of Indian exports at zero duty, and offers significant duty concession to a host of UK imports
Synopsis The CETA allows entry of nearly 99% of Indian exports at zero duty, and offers significant duty concession to a host of UK imports such as scotch whiskey. Alongside CETA, an agreement on social security (Double Contribution Convention) has also been operationalised, exempting Indian professionals on temporary UK assignments of up to 60 months from making social security contributions in both countries, reducing costs for both employees and employers.
The BriefWire