<h1>Two major economies finalizing free trade agreement with tariff elimination and parliamentary approval needed</h1> Two major economies are finalizing their free trade agreement with legal review progressing rapidly and signing expected by month-end. A senior commerce official is conducting meetings in the partner country's capital to expedite the process. The agreement, concluded after three years of negotiations, will eliminate tariffs on labor-intensive exports like leather and textiles while reducing costs for imported vehicles and spirits. The deal aims to double bilateral trade to $120 billion by 2030. Following signature, the pact requires parliamentary and cabinet approval before implementation, expected within a year.