Prime Minister Narendra Modi made the announcement about the successful FTA deal.<\/p>\n
Describing the FTA deal as ambitious and mutually beneficial, PM Modi emphasised that these agreements will significantly strengthen the India-UK Comprehensive Strategic Partnership and boost trade, investment, innovation, and job creation across both economies.<\/p>\n
Sharing a post on X, PM Modi said, “Delighted to speak with my friend PM @Keir_Starmer. In a historic milestone, India and the UK have successfully concluded an ambitious and mutually beneficial Free Trade Agreement, along with a Double Contribution Convention.”<\/p>\n
The post added, “These landmark agreements will further deepen our Comprehensive Strategic Partnership, and catalyse trade, investment, growth, job creation, and innovation in both our economies. I look forward to welcoming PM Starmer to India soon.”<\/p>\n
The Prime Minister’s Office in a statement said, “Shri Narendra Modi and Prime Minister of the United Kingdom Sir Keir Starmer had a telephone conversation today. The two leaders welcomed the successful conclusion of an ambitious and mutually beneficial India-UK Free Trade Agreement along with the Double Contribution Convention.”<\/p>\n
“The Leaders described it as a historic milestone in the bilateral Comprehensive Strategic Partnership that would foster trade, investment, innovation and job creation in both economies.<\/p>\n
Both agreed that the landmark agreements between the two big and open market economies of the world will open new opportunities for businesses, strengthen economic linkages, and deepen people-to-people ties,” the statement added.<\/p>\n
PM Starmer said that strengthening alliances and reducing trade barriers with economies around the world is part of their Plan for Change to deliver a stronger and more secure economy.<\/p>\n
The two leaders agreed that expanding economic and commercial ties between India and the UK remain a cornerstone of the increasingly robust and multifaceted partnership.<\/p>\n
The conclusion of a balanced, equitable and ambitious FTA, covering trade in goods and services, is expected to significantly enhance bilateral trade, generate new avenues for employment, raise living standards, and improve the overall well-being of citizens in both countries.<\/p>\n
It will also unlock new potential for the two nations to jointly develop products and services for global markets.<\/p>\n
This agreement cements the strong foundations of the India-UK Comprehensive Strategic Partnership and paves the way for a new era of collaboration and prosperity.<\/p>\n
Prime Minister Modi invited Prime Minister Starmer to visit India. The leaders agreed to remain in touch.<\/p>\n
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