New Delhi: The UK-India free trade agreement that took effect on Wednesday sets a "new gold standard" for global trade deals as it delivers sweeping sectoral benefits and sends a powerful message in support of a rules-based order, British High Commissioner Lindy Cameron said.
The mega trade pact, officially known as the Comprehensive Economic and Trade Agreement (CETA), is being billed as one of the biggest trade deals of modern times and secures zero-duty market access for nearly 99 per cent of India's exports to the UK.