US EditionUK and India agree landmark trade deal
- The United Kingdom and India agreed on a landmark free trade deal announced on April 28, 2025, in London between Jonathan Reynolds and Piyush Goyal.
- The agreement followed over three years of negotiations that stalled under the former UK government and resumed amid global tariff tensions under the Labour administration.
- India will reduce tariffs on 90% of British products, including whisky, medical devices, and lamb, while the UK will lower duties on Indian goods like clothes and food, with most levies removed within a decade.
- The UK government expects bilateral trade to increase by £25.5 billion annually by 2040, representing a 60% rise from 2024 levels, marking its largest bilateral deal since leaving the EU.
- The deal is projected to strengthen economic ties, ease business costs for British firms, and open export opportunities for India, with both leaders calling it a historic milestone and a new era for trade.
231 Articles
231 Articles
United Kingdom and India Agree Trade Deal - teleSUR English
The deal is expected to increase bilateral trade by 25.5 billion pounds, and Britain’s GDP by 4.8 billion pounds each year. On Tuesday, Downing Street confirmed that Britain and India have agreed a trade deal after years of on-and-off negotiations. RELATED: Operation Sindoor: India-Pakistan Tensions Reach Dangerous New Heights Indian tariffs will be slashed, locking in reductions on 90 percent of tariff lines, with 85 percent of these becoming f…
UK-India Free Trade Deal is a Strategic Counter to Trump's Tariffs
The UK-India Free Trade Agreement (FTA), signed on 6 May 2025, projects a £25.5 billion bilateral trade boost by 2040, a figure grounded in robust economic modelling. Along with the FTA, the two countries announced the Double Contribution Convention, preventing double social security contributions for temporary workers for up to three years. Initiated in January 2022 under Conservative Prime Minister Boris Johnson, the FTA aimed to anchor the “G…
UK, India Finalize Landmark Free Trade Agreement Amid Tariff Chaos While Trump Waits In The Wings
The U.K. and India have concluded a free trade agreement after three years of intermittent negotiations, with the aim of boosting bilateral trade by $34 billion by 2040. What Happened: The deal between the world’s fifth and sixth largest economies comes in the wake of tariff chaos sparked by U.S. President Donald Trump. The agreement is anticipated to reduce tariffs on goods such as whisky and create opportunities for British companies in India …
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