Free trade agreements aim to reduce trade barriers and promote economic cooperation between countries. They can enhance market access, encourage foreign investment, and support job creation. For developing economies, FTAs often help integrate domestic industries into global supply chains. However, they also require careful negotiation to balance national interests with global competitiveness. Website URL: https://www.orfonline.org/expert-speak/the-india-uk-free-trade-agreement-a-deal-at-last