Archive · 25 Jul 2025
India-UK Free Trade Deal Hailed by Goyal, Credits PM Modi
India and the UK have agreed to a new trade deal!
This means it will be easier for businesses in both countries to trade goods and services.
A top leader in India is very happy about the deal and says it will help farmers, small businesses, and textile companies.
The deal also has a special part for workers who go to the UK for a short time, making sure their money for social security is safe and can become their pension.
The deal aims to help both India and the UK grow together.
India-UK Free Trade Agreement (FTA) was hailed by Union Commerce Minister Piyush Goyal.
Goyal credited Prime Minister Narendra Modi for his leadership in the FTA.
The FTA aims to protect core interests of both India and the UK.
The agreement is expected to boost opportunities for farmers, MSMEs, and the textile sector.
A Double Contribution Convention (DCC) was agreed upon, addressing social security for short-term workers.
- Who
- Union Commerce Minister Piyush Goyal and his UK counterpart Jonathan Reynolds.
- What
- India and the UK signed a Free Trade Agreement.
- When
- July 25, 2025.
- Where
- London, UK.
- Why
- To boost trade, investment, and services, benefiting both countries.
- Agreement Type
- Free Trade Agreement (FTA)
- Key Figure (India)
- Piyush Goyal
- Key Figure (UK)
- Jonathan Reynolds
- Primary Benefit (India)
- Opportunities for farmers, MSMEs, and textiles
- DCC Benefit
- Social Security for short-term workers