India-UK trade deal: Starmer wants FTA implementation as soon as 'humanly possible'! Biggest deal since Brexit - News Summed Up

India-UK trade deal: Starmer wants FTA implementation as soon as 'humanly possible'! Biggest deal since Brexit


‘Story does not stop there’India-UK FTAAgreement conclusionUK PM visits IndiaBritish PM Keir Starmer wants the Free Trade Agreement (FTA) agreement between India and UK to be implemented as soon as “humanly possible.”Speaking with delegates in Mumbai, Starmer described the deal as a major opening for both countries saying that it provides huge opportunities.The PM also mentioned that he had instructed his team to ensure the deal is implemented “as quickly as humanly possible” adding that the agreement represents Britain’s largest post-Brexit trade achievement so far.“I think the opportunities are already opening up... Our job is to make it easier for you to seize the opportunities,” he told business leaders, as cited by Reuters.Starmer also called the FTA a “launchpad” for future economic cooperation.“We signed a major trade deal with India in July—the best secured by any country—but the story doesn’t stop there,” he said.“It’s not just a piece of paper, it’s a launchpad for growth. This reduction is likely to give British whisky brands a stronger position internationally.The agreement was concluded in May after three years of on-and-off discussions, which sped up because of growing global trade tensions due to US tariffs, Reuters reported. Economists say the pact between the world’s fifth- and sixth-largest economies could increase trade by about £25.5 billion ($34 billion) by 2040. UK officials have described this figure as a starting point, with potential for much more growth.Starmer arrived in India on Tuesday with a high-level delegation of more than 125 business, cultural, and academic leaders, including senior figures from Rolls-Royce, British Telecom, Diageo, London Stock Exchange, and British Airways to ensure that they make the most of the landmark trade deal, PTI reported.He will be meeting PM Modi on Thursday as part of his visit. He also visited the Yash Raj Studios after meeting the delegates.


Source: The Times October 08, 2025 10:03 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */