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India-UK free trade pact gets cabinet nod, signing set for 24 July in London

UNITED KINGDOM, JUL 23 – The India-UK Free Trade Agreement will eliminate tariffs on 99% of Indian exports and is expected to boost bilateral trade to $120 billion by 2030, officials said.

  • The Union Cabinet approved the India-UK Free Trade Agreement, which will be signed on July 24 during Prime Minister Narendra Modi's visit to the UK.
  • The agreement aims to eliminate tariffs on 99% of trade lines, enhancing access for Indian exports and British products.
  • India and Maldives have started preliminary discussions for a Free Trade Agreement to deepen economic ties after past diplomatic strains.
  • Modi's visits aim to strengthen development cooperation and strategic ties.
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India Shipping News broke the news in on Monday, July 21, 2025.
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