Britain and India on Tuesday agreed a “landmark” free trade agreement, which London claimed would boost the British economy by £4.8bn in the long run, with big cuts to Indian tariffs on UK exports of whisky and cars.
Talks on the deal, which have dragged on for three years, accelerated in the wake of US President Donald Trump’s imposition of global tariffs last month, with London and New Delhi keen to seal closer trade ties.
“In a historic milestone, India and the UK have successfully concluded an ambitious and mutually beneficial Free Trade Agreement,” Indian Prime Minister Narendra Modi posted on X after a conversation with his UK counterpart Sir Keir Starmer.
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