In addition to a change in government, the UK is also going through a number of policy changes that might have an effect on other nations. One such adjustment will apply to both india and the UK as part of the Labour Party's ecological initiatives. A major agreement between the two nations, the Free commercial Agreement (FTA) seeks to improve commercial relations. 

The Free Trade Agreement (FTA) will undergo policy modifications under Keir Starmer with the objective of tracking the agreement's environmental effects. During the election campaign, the Labour party made climate change one of its main agenda items, and it intends to follow through on it.

In order to accelerate the objective of reaching net zero carbon emissions by 2050, the government wants to decarbonize the nation by 2030. The revised FTA is expected to include environmental requirements. The initial goal of the agreement was to lower trade barriers and lower tariffs in order to attract more companies. This is not a particularly exciting development for india because the new green rules will be more expensive and negate the intent of the agreement. Stay tuned with us for more updates.
 
 
 
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G GOWTHAM

26/08/2024 08:33 AM