What Happened
Tariff Gains Set to Boost Trade Between Two Nations
The India-UK Comprehensive Economic and Trade Agreement (CETA) has come into force, removing tariffs on nearly 99% of tariff lines and opening new trade flows in textiles, pharma, and high-value goods. The agreement is expected to create positive momentum for air cargo flows between the two countries, particularly in high-value, time-sensitive sectors. Logistics providers such as DP World, Kuehne+Nagel, and IAG Cargo are preparing for potential growth, with Heathrow and BLR airports expecting an increase in air cargo flows. The agreement was reported by Unknown Source.