All posts tagged: India UK Free Trade Agreement

India-UK Free Trade Pact Likely To Be Implemented In April | India News

India-UK Free Trade Pact Likely To Be Implemented In April | India News

Published by Webster

Last Updated:February 15, 2026, 17:43 IST New Delhi and London signed the Comprehensive Economic and Trade Agreement (CETA) on July 24, 2025. Prime Minister Narendra Modi engaged in an conversation with his English counterpart and Labour leader Keir Starmer. (IMAGE: MEA India) The India-UK free trade agreement, signed in July last year, is likely to be implemented in April 2026, news agency PTI reported, citing a government official. “We are expecting the pact to be implemented from April this year,” the official said, adding that both countries are working towards completing the required procedures. The two countries have also signed the Double Contributions Convention (DCC), which will ensure that temporary workers do not have to pay social security contributions in both countries simultaneously. The official said the DCC is also likely to be implemented in parallel with the trade agreement. Before the agreement comes into force, it needs approval from the UK Parliament. In India, such trade agreements require approval from the Union Cabinet. Once cleared by the British Parliament, the pact will be implemented …

What will be impact of India-U.K. trade deal? | Explained

What will be impact of India-U.K. trade deal? | Explained

Published by Parlour News

The story so far: After nearly three-and-half years, India and the U.K. finally gave their nod to a Free Trade Agreement (FTA) this week. Commerce Minister Piyush Goyal said the pact would set a new benchmark for “equitable and ambitious trade between the two large economies”. Though the fineprint has not yet been made public, domestic industry has welcomed the announcement, amid concerns about the potential impact on agriculture and medium and small enterprises (MSMEs). The deal is likely to be signed after three months, and will take over a year to implement. Why is the deal significant for both nations? The U.K. is India’s 16th largest trading partner and India is the U.K.’s 11th largest partner. Their bilateral trade is about $60 billion with India enjoying a positive trade balance, which is expected to double by 2030, according to the Indian government’s estimates. The new trade deal, as assessed by the British government, would increase the bilateral trade by another $34 billion. The agreement comes in the backdrop of global trade reeling under uncertainty …

India–UK trade deal text expected in 3 months; No MIP on UK Whisky: Official | Business News

India–UK trade deal text expected in 3 months; No MIP on UK Whisky: Official | Business News

Published by Parlour News

The official text of the India–UK free trade agreement is expected to be released in three months, as the legal scrubbing is currently underway, a government official stated on Thursday, adding that the agreement will be implemented following approval by the UK Parliament, which could take about an year. The official clarified that India has not included a Minimum Import Price (MIP) provision for British alcoholic beverages in the free trade agreement, despite requests from domestic liquor manufacturers. This is significant as India plans to reduce import duties on UK whisky and gin from 150 per cent to 75 per cent, and further to 40 per cent by the tenth year of the deal. On automobiles, the official clarified that India has incorporated adequate safeguards in the agreement to protect sensitive sectors. Import duties on vehicles will be reduced over a period of 10 to 15 years, with concessions on petrol and diesel engine vehicles limited to a predefined quota, the official said. The quota for imports of British electric vehicles (EVs) at a concessional …

After 8-month gap, India and UK resume FTA negotiations | Latest News India

After 8-month gap, India and UK resume FTA negotiations | Latest News India

Published by Parlour News

India and the UK on Monday resumed negotiations for a free-trade agreement (FTA) after an eight-month pause, with the two sides aiming for a threefold increase in bilateral merchandise trade through a “mutually beneficial and a forward-looking” deal by resolving tariff and non-tariff issues while protecting each other’s “sensitivities”, ministers of the two countries said. Union minister Piyush Goyal with UK Secretary of State for Business and Trade Jonathan Reynolds on Monday. (PTI) In a precursor to the formal resumption of FTA negotiations, which were left suspended after the 14th round of negotiations because of elections in the UK and a change in the government there, commerce minister Piyush Goyal and British business and trade secretary Jonathan Reynolds met on Monday. “The strengthening of the trading relationship between our two countries has the potential to unlock opportunities for business and consumers across both our nations and build further on our already deep ties,” the two countries said in a joint statement after the ministerial meeting in New Delhi. Exclusive | Trump’s tough talk on India …

Former UK PM In Memoir

Former UK PM In Memoir

Published by Webster

London: Prime Minister Narendra Modi has been written about fondly by former British PM Boris Johnson in his memoir ‘Unleashed’ which will be available in bookstores in the UK in a few days. The book, which journeys through Mr Johnson’s very eventful, noteworthy and lively political career mentions about his meetings with Prime Minister Modi, calling him the “change-maker” we need. Writing about his very first meeting with the prime minister, Mr Johnson recalls “a curious astral energy” he had felt. The former British prime minister has written an entire chapter dedicated to India and described ties between the two nations as “a relationship as good as it has ever been.” Calling Prime Minister Modi “exactly the partner of friend” he needed, Mr Johnson credited himself and PM Modi for laying the foundation for a free-trade pact between India and the UK. The significance of India-UK ties could be seen in the former prime minister’s book as he repeatedly mentions the “friendship” shared between the two countries, especially in the context of the Indo-Pacific region …