In a significant move for Indian trade policy, the recently finalised UK-India Free Trade Agreement (FTA) includes a pledge to limit the compulsory transfer of source code and embedded algorithms, ensuring intellectual property (IP) protection for exporters involved in AI, software, and digital services.
According to the agreement, both countries recognised the benefits of digital trade and the need to improve digital trading systems. They emphasised cooperation in domestic regulations and the importance of international collaboration…
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