"I was very pleased to sign the tech security initiative when I was foreign secretary back in 2025 here in India, and we built on that arrangement. The free trade agreement is a fantastic foundation. 25 billion pounds worth of investment between our two countries over the next period is s
UK Deputy Prime Minister David Lammy on Thursday stated that around 150 British companies are currently operating in India's artificial intelligence sector, building on the India-UK Comprehensive Economic and Trade Agreement (CETA) signed during Prime Minister Narendra Modi's visit to the
The UK's exit from the EU has enabled it to forge new trade relationships, and the India-UK FTA is a significant step in this direction. This agreement reduces the UK's reliance on EU trade and strengthens economic ties with a rapidly growing economy, such as India.
Speaking at the CII Global Trade Scenario National Summit, Birrell said, "It is about making trade easier and as seamless as possible. The FTA is about improving customs processes and making digital trade easier."
The recently signed Free Trade Agreement (FTA) between India and the United Kingdom is expected to help India manage the impact of 25 per cent tariff announced by the United States President Donald Trump, noted Economist Dipanwita Mazumdar.
If US President Donald Trump imposes 20-25 per cent tariffs on India, as he threatened last evening, it will have a varied impact on different sectors, noted the founder of the Global Trade Research Initiative, Ajay Srivastava.
Referring to the recent trade agreements between US and other countries such as the EU, Indonesia, Philippines and the latest comments by Donald Trump that India may have to pay 20-25 per cent tariffs, Vice Chancellor of Indian Institute of Foreign Trade (IIFT) Professor Rakesh Mohan Joshi o
He said the deal will boost business growth, enhance confidence among Indian companies, and bring relief to Indian professionals working in the UK by addressing issues related to the social service tax.
The recently signed India-UK FTA is a golden opportunity from India's perspective, Sanjay Nayar, President of ASSOCHAM and Founder-Chairman of Sorin Investment Fund said, asserting that the private sector has to really now step up with the government having done most of the heavy lifting.
The India-UK Comprehensive Economic Trade Agreement (CETA) is poised to trigger substantial foreign direct investment (FDI) flows into India by establishing unprecedented levels of mutual trust and respect between the two nations, said Sanjay Nayar, President of ASSOCHAM and Founder-Chairman
Sanjay Nayar, President of ASSOCHAM and Founder-Chairman of Sorin Investment Fund, described the trade pact as a "golden opportunity" that establishes clear frameworks for mutual market access while safeguarding local interests through mutual trust.