Brief by Shorts91 Newsdesk / 08:31pm on 24 Jul 2025,Thursday International
India and the UK signed a landmark Free Trade Agreement (FTA) during PM Narendra Modi’s London visit, projected to boost bilateral trade by $34 billion annually. Hailing it as the “most historic” pact, Modi said the FTA would benefit India's youth, farmers, MSMEs, and sectors like textiles, seafood, and engineering. UK PM Keir Starmer called it the “biggest and most significant trade deal since leaving the EU,” adding, “It boosts wages, raises living standards, and puts more money in people’s pockets.” The FTA will ease exports for both nations, cutting tariffs on whisky, medical devices, textiles, and more. (PC: X)
