Archive · 24 Jul 2025
India-UK Trade Deal Finalized: A Historic Economic Partnership
India and the UK have made a deal to trade more goods and services with each other.
This means it will be easier and cheaper for Indian companies to sell things to the UK, and vice versa.
The goal is to double the amount of trade between the two countries in the next few years.
This deal is expected to create more jobs and lower prices for some goods, like cars and liquor.
The deal also allows marine products from India to be traded without any taxes.
India and the UK finalized a Free Trade Agreement (FTA) after three years of talks.
The deal aims to double bilateral trade to $120 billion by 2030.
The agreement is expected to boost bilateral trade by PS25.5 billion annually and create thousands of jobs.
Indian exports will benefit from easier market access in the UK.
The deal will also cover marine products with zero tariff.
- Who
- India and the UK.
- What
- The UK and India signed a Free Trade Agreement (FTA).
- When
- The deal was signed on July 24, 2025.
- Where
- In London.
- Why
- To expand trade and investment, and boost economic ties.
Indian Perspective
UK Perspective
Market Access and Tariffs
Indian Perspective
The deal will provide major market access for Indian farmers.
UK Perspective
The deal will also cover marine products with zero tariff.
- Deal Type
- Free Trade Agreement (FTA)
- Bilateral Trade Target
- $120 billion by 2030
- Expected Trade Boost
- PS25.5 billion annually
- Signed by
- Commerce Minister Piyush Goyal and British Trade Minister Jonathan Reynolds
- Benefit for
- Indian exports and UK consumers
