Archive · 24 Jul 2025
India and UK Ink Landmark Free Trade Agreement
India and the UK have made a deal to trade with each other more easily.
This means that products from both countries will become cheaper to buy.
They will cut taxes (tariffs) on many things, like cars and drinks.
Indian businesses will now find it easier to sell goods to the UK.
British consumers will also gain access to more products from India.
The deal is expected to increase trade between the two countries.
India and the UK signed a free trade agreement (FTA) to boost bilateral trade.
The FTA will cut tariffs on various items, including British whisky and cars.
Approximately 99% of Indian exports will benefit from tariff elimination.
The UK anticipates increased access to British products for Indian consumers.
The agreement aims to increase trade by around $34 billion annually.
- Who
- Commerce Minister Piyush Goyal and his British counterpart Jonathan Reynold signed the deal in the presence of Prime Minister Narendra Modi and Keir Starmer.
- What
- India and the UK signed a free trade agreement (FTA).
- When
- July 24, 2025
- Where
- The deal involves trade between India and the United Kingdom.
- Why
- To boost bilateral trade and investment by cutting tariffs and trade barriers.
India's Stance
UK's Stance
Market Access
India's Stance
Ensure market access for Indian goods.
UK's Stance
Ensure access to British goods for Indian consumers.
- Agreement Name
- Comprehensive Economic and Trade Agreement (CETA)
- Tariff Reduction
- Tariffs will be reduced on many products.
- Indian Exports Benefit
- 99% of Indian exports will benefit.
- Trade Increase
- Expected to boost trade by $34 billion annually
- Negotiation Duration
- Three years
