The United Kingdom and India have signed a trade agreement aimed at boosting trade by 25.5 billion pounds. The deal will reduce tariffs on a variety of goods, including textiles, whisky, cars, and spices, while providing greater market access for businesses. UK Prime Minister Keir Starmer and Indian Prime Minister Narendra Modi have emphasized the significance of this agreement, referring to it as a landmark achievement and a blueprint for shared prosperity. The trade deal must still be ratified by the UK Parliament and is considered highly important following Brexit.
The two countries hope the accord will boost trade between them by 25.5 billion pounds while reducing tariffs on a range of goods from textiles to whisky.
Starmer hailed the agreement as a landmark moment, highlighting the unique bonds of history, family, and culture between the UK and India.
The deal is seen as the biggest and most economically significant trade deal the UK has made since leaving the European Union in 2020.
Modi described the deal as a blueprint for shared prosperity, representing India's largest strategic partnership with an advanced economy.
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