Archive · 24 Jul 2025
India, UK to Sign Trade Deal; Starmer Calls It a 'Major Win'
India and the UK are making a deal to trade more easily!
This means they're lowering the taxes, called tariffs, on things they sell to each other.
For example, it will be cheaper to buy clothes and food.
It also means businesses in both countries will expand.
The UK thinks this deal is a 'major win' because it will make more jobs and make more money.
The leaders of both countries are also working together to help stop crime and other bad things.
India and the UK are set to sign a Free Trade Agreement (FTA) during PM Modi's visit.
The FTA is expected to reduce tariffs on various goods, potentially lowering prices for consumers.
The deal is predicted to boost UK exports to India and increase bilateral trade.
The agreement includes investment and expansion by Indian and British companies.
Both countries plan to collaborate on issues like crime and irregular migration.
- Who
- Indian Prime Minister Narendra Modi and UK Prime Minister Keir Starmer.
- What
- Free Trade Agreement (FTA) signing and expanded cooperation.
- When
- During Prime Minister Narendra Modi's visit to the UK.
- Where
- The UK.
- Why
- To boost trade, investment, and collaboration between India and the UK.
- FTA Goal
- Reduce tariffs and increase trade
- UK Exports Increase (Projected)
- Nearly 60%
- UK Imports from India (Current)
- GBP 11 billion
- India's Tariff on UK Products (Before)
- 15%
- India's Tariff on UK Products (After FTA)
- 3%
