Starmer set to unleash billions of investment into UK as he signs India trade deal
Britain and India to sign landmark trade deal after years of negotiations
- Prime Minister Sir Keir Starmer and his Indian counterpart Narendra Modi are poised to sign a landmark trade deal.
- The agreement is expected to generate £6 billion in investment and create 2,200 jobs across the United Kingdom.
- It will significantly reduce tariffs on British goods, including whisky, from an average of 15 per cent to 3 per cent, boosting UK exports to India.
- The deal also strengthens cooperation between the two nations on tackling illegal migration, organised crime, corruption, and fraud.
- Despite securing new business for 26 British companies, the agreement did not provide the UK with as much access as it would have liked to India's financial and legal services, with further negotiations planned.