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.
Prime Minister Narendra Modi on Thursday highlighted the intensifying cooperation between India and the UK for the extradition of fugitives present there, noting that the fugitives misusing the democratic freedoms to undermine democracy will be held accountable for their offence.
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.
Prime Minister Narendra Modi on Thursday hailed the Indian diaspora in the UK as a vital force in strengthening bilateral ties between the two nations, noting that their contributions went beyond their culinary roots to creativity, commitment, and character.
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".