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India-UK free trade pact gets cabinet nod, signing set for 24 July in London
INDIA, JUL 23 – The agreement removes tariffs on 99% of Indian exports, boosting sectors like textiles and creating jobs while aiming to double bilateral trade to $120 billion by 2030.
- Prime Minister Narendra Modi is visiting the UK and Maldives from July 23 to 26 to enhance trade and defense cooperation, focusing on finalizing the India-UK free trade deal during his trip to London.
- The trade deal aims to double India-UK trade to $120 billion by 2030, with extensive security arrangements in place during Modi's visit.
120 Articles
120 Articles
The UK and India have signed a free trade deal that has been in talks for more than three years, which will see tariff cuts and more markets opened up to goods, and both countries say they are benefiting from.
Britain, India sign major trade deal
Britain and India officially signed a free trade agreement on Thursday during Indian Prime Minister Narendra Modi's visit to Britain at Chequers, the country house of the British prime minister, following the initial announcement made in May.
Five numbers you need to know today
£6 billion: India and the United Kingdom formally signed a trade deal worth £6 billion ($8.1 billion). Under the deal, first announced in May, India will drop its tariffs on UK cars and whisky imports, while the UK will reduce barriers to imports of Indian textiles and jewelry. The agreement also includes efforts to tackle illegal migration.2: After two days of protests in Kyiv against a government decision to subsume independent anti-corruption…
The United Kingdom and India have signed a free trade agreement on Thursday during Prime Minister Narendra Modi’s visit to London. This agreement has sealed down the reduction of tariffs on products ranging from textiles to whisky and cars, thus allowing companies greater access to their respective markets. Both countries concluded trade pact talks in May, after three years of intermittent negotiations. Both sides accelerated their efforts to cl…
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