Bilateral Trade Agreements and the UK-India FTA: Case Study: [Economic Implications] Bilateral trade agreements between India and the UK have been a big economic buzz over the past few months, as economists around the world scout the economic implications. They are trade deals between two countries that cut tariffs and other barriers so goods and services can move more easily across borders. In short, they try to make trade cheaper, safer, and more predictable. These deals matter for everyday life. Lower tariffs can reduce prices on imported products, from cars to smartphones. Better access to foreign markets can support jobs in export sectors. Clearer rules can attract investment and support long-term growth. In recent years, the planned UK-India Free Trade Agreement has become a high-profile example. It appears often in news headlines and political debates. This article explains the basic economic logic behind bilateral trade agreements, then draws practical lessons from the U...