The signing of the historic India-UK Free Trade Agreement (FTA) has been widely welcomed across industries, with business leaders calling it a transformative step for trade, investment, and economic cooperation between the two nations.
Engineering Export Promotion Council of India (EEPC) India has welcomed the signing of the India-UK Free Trade Agreement (FTA) as a landmark achievement that will significantly boost India's engineering exports and deepen bilateral economic ties.
Prime Minister Narendra Modi and his UK counterpart Keir Starmer on Thursday endorsed the new "India-UK Vision 2035" which will steer the bilateral ties for the next 10 years with a focused and time-bound programme of action in key pillars such as economy and growth, technology and innova
Prime Minister Narendra Modi on Thursday stated that India and the UK have ushered in a new era of economic cooperation with the signing of the Free Trade Agreement (FTA), along with the Double Contribution Convention, during his tete-a-tete with UK Prime Minister Keir Starmer.
The Comprehensive Economic and Trade Agreement (CETA) between India and the United Kingdom provides near-complete tariff elimination for Indian exporters, unlocking significant opportunities across various sectors.
Industry trade bodies and industry leaders have welcomed the signing of the India-UK Free Trade Agreement (FTA), terming the move a "transformational milestone in bilateral economic relations" of the two countries.
Farmers in India are among the major winners as they are set to get preferential access to UK's agricultural market -- pegged to be around USD 37.5 billion -- with the signing of the landmark India-UK Free Trade Agreement.
United Kingdom Prime Minister Keir Starmer on Thursday said that the India-UK FTA deal will bring significant benefits to both countries, benefiting jobs, business, and making trade "cheaper, quicker and easier".
During a joint press statement with UK Prime Minister Keir Starmer, PM Modi highlighted the enhanced market access and economic opportunities for both nations while expressing gratitude for the warm hospitality he received during his official visit to the country.