Archive · 23 Jul 2025
India and UK Set to Sign Free Trade Agreement in London
India and the UK are making a deal to trade more easily.
This means goods like clothes and shoes from India will be cheaper to sell in the UK, and things like whisky and cars from the UK will be cheaper to buy in India.
The goal is to have twice as much trade between the two countries in the future.
The deal also makes it easier for people like yoga teachers and chefs to work in the UK.
This will take some time to become official, but it's meant to help both countries trade and do business with each other.
India and the UK will sign a free trade agreement on Thursday in London.
The agreement aims to double trade between the two countries to $120 billion by 2030.
It will reduce or eliminate customs duties on many goods, benefiting exports and imports.
The agreement will reduce import duties on whisky and cars from Britain.
The pact includes provisions for services, including eased mobility for professionals.
- Who
- India and the UK
- What
- India and the UK will sign a free trade agreement.
- When
- Thursday
- Where
- London
- Why
- To increase trade and reduce import duties.
- Agreement Name
- Comprehensive Economic and Trade Agreement
- Signatories
- Piyush Goyal and Jonathan Reynolds
- Trade Goal
- $120 billion by 2030
- Whisky Duty Reduction
- 150% to 75% initially, then to 40%
- Automotive Tariff Reduction
- Over 100% to 10%
- Indian Exports Benefit
- 99% of exports with zero duty in UK
- India's Exports to UK (2024-25)
- $14.5 billion
- India's Imports from UK (2024-25)
- $8.6 billion