UK and India sign ‘historic’ £6bn free trade agreement during Modi visit
Major UK-India trade deal expected to create 2,200 British jobs
- Britain and India have formally signed a free trade agreement at Chequers, the prime minister's country residence, following three years of negotiations.
- The deal is projected to inject £6bn into the British economy and create 2,200 jobs across the country.
- It will significantly reduce tariffs on British goods, including halving duties on whisky and lowering them for cars and cosmetics.
- UK Prime Minister Sir Keir Starmer and Indian Prime Minister Narendra Modi hailed the agreement as a “historic day” and a “new chapter” in their nations' shared history.
- This marks Britain's largest trade deal since leaving the European Union and India's biggest strategic partnership with an advanced economy.