free trade agreement with india

Britain should rebuild its trading relationship with the European Union, having struck a trade agreement with the United States, Bank of England governor Andrew Bailey said Friday. Britain this week also struck a free-trade agreement with India, its biggest such deal since it voted to leave the European Union in 2016. bcp/ajb/lth

Industry organizations have lauded the India-UK Free Trade Agreement (FTA), anticipating significant support for Indian exporters aiming to expand in the UK market amidst global economic uncertainties. The FTA aspires to elevate bilateral trade to USD 100 billion by 2030, removing customs duties on 99% of Indian goods entering British markets.

India and the UK have finalized a significant free trade agreement. The agreement ensures duty-free access to UK markets for 99% of Indian exports. India will reduce import duties on 90% of tariff lines, benefiting consumers with lower prices on various goods.

India and the United Kingdom have finalized a Free Trade Agreement (FTA) and a Double Contribution Convention, marking a significant advancement in their strategic alliance. Prime Minister Modi announced the agreement after discussions with UK Prime Minister Keir Starmer, highlighting its potential to boost trade, investment, and job creation.

India and the UK have finalized a comprehensive free trade agreement, excluding sensitive items like dairy, diamonds and smartphones. Indian textiles, gems, and auto parts will gain zero-duty access to the UK, while consumers may see cheaper Scotch and automobiles.

India and the UK have finalized the Free Trade Agreement (FTA) and Double Contribution Convention on Tuesday, hailed by Commerce Minister Piyush Goyal as a progressive step towards growth and innovation. Prime Minister Modi and UK Prime Minister Keir Starmer acknowledged the agreement's potential to enhance trade, investment, and employment.

India and the UK have finalized a Free Trade Agreement, poised to boost economic growth and trade relations. The agreement eliminates tariffs on approximately 99% of traded goods, benefiting sectors like manufacturing, textiles, and automotive. It also includes provisions for professional visas and reduced duties on products like Scotch whisky and cars, fostering job creation and deeper collaboration.

US President Donald Trump is set to unveil a significant trade agreement today with a nation speculated to be Britain. This move occurs amidst global economic concerns, as the Bank of England anticipates cutting interest rates. Britain, actively pursuing new partnerships post-Brexit, recently secured a trade deal with India.

Amidst escalating trade tensions with the United States due to hefty tariffs imposed by President Trump, the European Union is actively pursuing free trade negotiations with Asian nations. The EU is prioritizing talks with Indonesia, the Philippines, Thailand, and Malaysia, all key ASEAN members, while also stepping up engagement with India.

Negotiations for the India-UK free trade agreement, along with a bilateral investment treaty and a social security agreement, are facing delays due to unresolved issues. Sticking points include the UK's carbon tax, India's data localization demands, and the inclusion of a sunset clause in the investment treaty. Despite progress, further meetings are needed to bridge the remaining gaps.

After three years of negotiations, India and the UK have finalized a trade agreement that eliminates tariffs on 99% of Indian exports and reduces duties on 90% of tariff lines. The deal includes exemptions from social security contributions for Indian workers on temporary visas, potentially saving them around 20% of their salary. PM Modi highlighted the agreement's potential to boost trade, investment, and job creation in both economies.

The newly signed India-UK Free Trade Agreement is poised to revolutionize the automotive sector. It slashes tariffs on British car imports to 10% under a quota system, making luxury brands like Jaguar Land Rover more accessible. Indian automakers also gain enhanced access to the UK market, with TVS Motor Company anticipating faster global expansion for Norton.

The India-UK Free Trade Agreement is set to significantly benefit India's textile sector. Industry leaders anticipate increased exports and a stronger presence in the UK market. The agreement will create new opportunities for exporters and boost employment. Reduced tariffs are expected to drive demand for Indian textiles. Investment and ease of doing business are also likely to improve.

US President Donald Trump announced Thursday an agreement with Britain on trade, which would be the first such deal since he launched his global tariffs blitz. The Labour leader, who like Trump won power last year, had pushed for a trade deal before the president unleashed his tariffs blitz on Britain and countries worldwide.

The India-UK Free Trade Agreement, finalized on May 6, 2025, significantly boosts professional mobility by streamlining visa procedures and employment laws for Indian professionals in the UK. The agreement includes social security exemptions for seconded workers, reducing costs for companies.

Indian medical device firms anticipate significant export growth to the UK under the new FTA, potentially doubling current levels. Lower tariffs promise reduced prices for imported devices, benefiting Indian patients. Experts emphasize the need for mandatory disclosure of manufacturing sites to prevent dumping and ensure fair trade, safeguarding patient safety and regulatory compliance.

India and Belgium convened to strengthen economic ties, emphasizing increased trade, industrial partnerships, and investments in key sectors like semiconductors and clean energy. Discussions also addressed the EU-India FTA, aiming to resolve tariff and non-tariff barriers for improved market access. Bilateral trade reached $15.07 billion in 2023-24, with Belgian FDI in India showing significant growth.