The finalization of the UK-India free trade agreement has been met with optimism by big law partners. They note that the deal, which is projected to boost bilateral trade by £25.5 billion, could serve as a catalyst for the liberalization of India’s legal market. However, there is a measure of disappointment among some in the legal community due to the exclusion of the legal sector from the agreement’s provisions. The deal, initiated in May 2021, comes at a time when India’s trade policies are under increasing scrutiny.
For further details on this subject, visit the full article at Law.com.