Archive · 25 Jul 2025
India and UK Sign Free Trade Deal to Boost Trade and Investment
India and the UK have made a deal to trade with each other more easily!
They signed a Free Trade Agreement, like a special friendship agreement for businesses.
This means it will be easier and cheaper for companies in both countries to buy and sell things.
For example, Indian clothes and jewelry will be sold in the UK without extra taxes.
Also, the UK's cars and whisky will become cheaper in India.
This deal will help both countries grow their businesses and create jobs.
India and the UK signed a Free Trade Agreement (FTA), known as the Comprehensive Economic and Trade Agreement (CETA).
The FTA aims to double bilateral trade to $100 billion by 2030.
Indian exports like textiles, leather, and jewellery will have duty-free access in the UK.
UK goods such as Scotch whisky and cars will become cheaper in India due to reduced tariffs.
The agreement is India's 16th FTA and is expected to boost exports and investment.
- Who
- India and the United Kingdom.
- What
- India signed a Free Trade Agreement (FTA) with the UK.
- When
- The agreement was signed on Thursday.
- Where
- Between India and the United Kingdom.
- Why
- To boost exports, investment, and reduce import duties on products traded between the two countries.
- Agreement Name
- Comprehensive Economic and Trade Agreement (CETA)
- Number of FTAs India has signed
- 16
- Target Trade Value
- $100 billion by 2030
- Indian Exports Benefit
- Textiles, leather, jewellery get duty-free access to UK
- UK Exports Benefit
- Scotch whisky, cars become cheaper in India
- Scotch Whisky Duty Reduction
- From 150% to 75%, then to 40% by year 10