Archive · 18 Jul 2025
India-UK Free Trade Agreement Set to be Signed Next Week
The India-UK Free Trade Agreement (FTA) is expected to be signed soon, potentially next week.
This agreement will make it easier for India and the UK to trade with each other.
The goal is to increase the amount of trade between the two countries to $120 billion by 2030.
The UK will remove taxes on almost all Indian exports, especially vehicles and agricultural goods.
In return, India will lower taxes on most goods coming from the UK.
Before the FTA can start, both countries need to approve it.
India-UK Free Trade Agreement (FTA) is likely to be signed next week.
The FTA aims to double bilateral trade to $120 billion by 2030.
UK will offer duty-free access on 99% of tariff lines for Indian exports.
The UK will levy zero duty on 95% of tariff lines for Indian agricultural exports.
India is expected to reduce tariffs on 90% of goods imported from the UK.
- Who
- India and the UK.
- What
- India-UK Free Trade Agreement to be signed.
- When
- Next week (likely).
- Where
- India and the UK.
- Why
- To boost exports and double bilateral trade by 2030.
- Event
- FTA signing
- Involved Parties
- India and the UK
- Expected Trade Goal
- $120 billion by 2030
- UK Duty-Free Access
- 99% of tariff lines for Indian exports
- UK Agricultural Exports Duty
- Zero duty on 95% of tariff lines
- Indian Tariff Reduction
- 90% on goods from the UK
