Archive · 24 Jul 2025
UK and India Announce Landmark Trade Deal for Jobs and Growth
The UK and India are making a big trade deal to help each other out!
This means it will be easier and cheaper for businesses in both countries to sell their products to each other.
The UK hopes this will create lots of new jobs and make the economy better.
For example, the cost of things like clothes and shoes might go down for people in the UK.
Both countries will also work together on things like defense and education.
It's like they're becoming better business partners!
Keir Starmer says a 'landmark' free trade deal with India is a 'major win' for jobs and growth.
The deal will lower prices on goods like clothes, shoes, and food due to tariff cuts.
Nearly GBP 6 billion in new investment and export developments have been agreed upon.
The agreement includes closer collaboration on defense, education, climate, technology, and innovation.
The UK's average tariff on Indian products will drop from 15% to 3% once the FTA is in place.
- Who
- Keir Starmer and Narendra Modi.
- What
- A 'landmark' free trade agreement (FTA) between the UK and India.
- When
- The FTA was announced on Thursday.
- Where
- London, UK
- Why
- To boost jobs, economic growth and strengthen ties between the two countries.
Supporters
Critics
Job Creation vs. Job Displacement
Supporters
This deal will generate thousands of jobs and deliver a huge boost to the UK economy.
Critics
This could be harmful to local industries and increase the reliance on global markets
- Deal Type
- Free Trade Agreement (FTA)
- Investment
- Nearly GBP 6 billion
- UK Tariff Reduction
- India's average tariff on UK products will drop from 15% to 3%
- Whisky Tariff Cut
- From 150% to 75% immediately, then to 40% within 10 years
- Focus Areas
- Defense, education, climate, technology, innovation