Archive · 24 Jul 2025
India and UK Sign Historic Free Trade Agreement, Boosting Trade
India and the UK made a deal to trade goods more easily.
This means products like cars and whisky will be cheaper in India, while Indian farm products and clothes will be cheaper in the UK.
It's like a big sale that helps both countries.
India's farmers and businesses get new opportunities in the UK market, and Indian consumers get access to UK made goods at affordable prices.
This agreement is intended to make trade easier and boost the economy.
India and the UK signed a Free Trade Agreement (FTA) to boost bilateral trade and investment.
The FTA will reduce tariffs on various goods, making them cheaper in both countries.
India secured zero duties on 95% of agricultural exports, excluding dairy, edible oils, and apples.
The agreement is expected to increase bilateral trade by $34 billion and create jobs.
The deal includes Geographical Indication (GI) protection for Indian products and cuts tariffs on textiles, leather, and other key sectors.
- Who
- India and the United Kingdom (UK) signed the agreement, represented by Prime Minister Narendra Modi and British Prime Minister Keir Starmer.
- What
- India and the UK signed a Free Trade Agreement (FTA) to reduce tariffs and boost trade.
- When
- July 24th (approximate date from all articles), after years of negotiations.
- Where
- The agreement involves trade between India and the United Kingdom.
- Why
- To expand trade, increase investment, and create economic benefits for both countries.
Focus on Domestic Production
Focus on International Trade
Product Exclusions
Focus on Domestic Production
The FTA's exclusion of dairy products, edible oils, and apples is intended to safeguard the interests of domestic farmers and producers.
Focus on International Trade
The exclusion may limit consumer choices or increase prices for products not covered by the agreement.
- Agreement Type
- Free Trade Agreement (FTA)
- Date Signed
- July 24th
- Estimated Trade Increase
- $34 billion annually
- Indian Exports with Zero Duty
- 95% of agricultural and processed food items
- Key Beneficiaries
- Indian youth, farmers, fishermen, and MSME sector
- Tariff Cuts for UK products
- 90% of UK products
- Tariff cuts on Whisky
- To 75% from 150%
Sources
India, UK sign landmark free trade deal worth $34 Billion
PM Modi calls India-UK FTA 'historic', invites Starmer for visit
India-UK FTA to help Indian textiles and leather gain ground over Pakistan and Bangladesh
India, UK sign landmark free trade agreement after years of negotiation
FTA to open UK market for Indian food, drinks and oilseeds
India-UK FTA excludes dairy products, edible oils, apples; secures zero duty on 95 pc agri exports
India-UK FTA deal: From whisky to British cars — Here's what gets cheaper after trade deal