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India, UK Sign Landmark Free Trade Deal to Boost $34 Billion in Annual Trade
July 25, 2025
|The Statesman Bhubaneswar
India and the United Kingdom on Thursday signed a long-anticipated Free Trade Agreement (FTA), aimed at enhancing bilateral trade by nearly $34 billion annually.
The deal was formalized in the presence of Prime Minister Narendra Modi and UK Prime Minister Keir Starmer.
This marks India's most comprehensive trade pact to date, eliminating duties on 99 percent of Indian exports to the UK, including textiles, pharmaceuticals, medical devices, leather goods, agricultural products, and chemicals. For the UK, the FTA unlocks reduced tariffs and wider access for key exports like whisky, automobiles, and financial services.
هذه القصة من طبعة July 25, 2025 من The Statesman Bhubaneswar.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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