Archive · 25 Jul 2025
India-UK FTA Signed: Goyal Credits Modi for Trade Deal
India and the UK have made a new trade deal!
This means it's easier for them to trade with each other, helping businesses in both countries.
A minister named Piyush Goyal said the deal is good for farmers, small businesses, and people who make clothes.
He also mentioned that people from India working in the UK can now save their social security money more easily, like putting it in a special savings account.
He also said that Prime Minister Narendra Modi helped make it happen.
Piyush Goyal credited PM Modi for the India-UK Free Trade Agreement (FTA).
Goyal stated the FTA will protect core interests of both India and the UK.
The Labour Party included the trade deal with India in its manifesto.
The FTA will benefit farmers, MSMEs, and the textiles sector.
The Double Contribution Convention (DCC) will allow Indian workers in the UK to secure their social security.
- Who
- Piyush Goyal, Jonathan Reynolds, Narendra Modi, and Keir Starmer
- What
- India and the UK signed a Free Trade Agreement (FTA).
- When
- July 25, 2025
- Where
- London, United Kingdom
- Why
- To boost trade, investment, and services between India and the UK.
Supporters
N/A
Economic Impact
Supporters
The FTA will boost trade and investment, benefitting both countries.
N/A
N/A
- Agreement Type
- Free Trade Agreement (FTA)
- Key Figures
- Piyush Goyal, Jonathan Reynolds, Narendra Modi, Keir Starmer
- Focus
- Trade, Investment, Services
- Benefits
- Farmers, MSMEs, Textiles sector, Social Security for Indian workers in UK
- Convention
- Double Contribution Convention (DCC)