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The United Kingdom and India have reached a significant free trade agreement, following three years of negotiations, as announced by India’s Prime Minister on Tuesday.
Discussions gained momentum after Donald Trump implemented US global tariffs last month, with both London and New Delhi eager to establish closer trade relations.
Prime Minister Narendra Modi stated on X that this “historic milestone” marks the successful conclusion of an ambitious and mutually beneficial Free Trade Agreement with the UK, following a conversation with UK Prime Minister Sir Keir Starmer.
Modi emphasized that the deal is expected to boost trade, investment, growth, job creation, and innovation in both economies, and mentioned that Starmer is scheduled to visit India soon.
This story is still unfolding.