Archive · 24 Jul 2025
India and UK Sign FTA to Boost Trade and Economic Ties
India and the UK have made a deal to trade more easily.
This means it will be cheaper to buy and sell things between the two countries.
Many items will have no tax.
Farmers, fishermen, and Indian workers will get a better chance to sell their products or find jobs in the UK.
Some products, like dairy, will still have taxes to protect Indian businesses.
Also, some British universities will open campuses in India, meaning more educational options for people in India.
India and the UK signed a Free Trade Agreement (FTA) on July 24, 2025, aiming to boost economic ties.
The FTA aims to eliminate or reduce tariffs on various goods, increasing trade between both countries.
The deal will provide preferential access to UK markets for Indian agricultural products and marine exports.
Indian professionals and service sectors are expected to gain opportunities through easier mobility and market access.
Six UK universities are set to open campuses in India, including Southampton University.
- Who
- Leaders of India (Narendra Modi) and the UK (Keir Starmer).
- What
- India and the UK signed a Free Trade Agreement.
- When
- July 24, 2025
- Where
- Chequers, UK, and impacting both India and the UK.
- Why
- To enhance economic cooperation and boost trade between the two nations.
Indian Farmers
UK Businesses
Impact on agricultural sector
Indian Farmers
Some worry about cheaper imports from the UK under FTA hurting them.
UK Businesses
Duty-free exports for 95% of products will boost the sector.
- Agreement Type
- Free Trade Agreement (FTA)
- Signed on
- July 24, 2025
- Key Goal
- Increase bilateral trade and economic growth
- Expected Impact
- Double bilateral trade to 120 billion euros by 2030
- Agricultural products
- 95% to be traded duty-free
- UK Exports to India (2024)
- 17.1 billion euros
- India's Exports to UK (2024)
- 25.5 billion euros
Sources
Zero-duty access to jobs: India-UK Free Trade Agreement in 10 simple points
India-UK FTA to open doors to UK customers, investors and innovation hubs: Piyush Goyal on trade deal
In London, PM Modi says ‘cricket is not a game but a great metaphor for India-UK partnership’
