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UK India Business Council CEO Kishore Jayaraman said the India-UK Comprehensive Economic and Trade Agreement will boost bilateral trade, investment and business expansion across sectors. He said the pact and the Double Contribution Convention will improve mobility, productivity and long-term economic growth

Aiming for a final deal by end-2025, an interim agreement is being explored as talks progress, with the next round scheduled for September

The biggest pact signed by Britain after leaving the EU marks a major milestone in bilateral relations and also reflects India’s rising status in the global order

The pact lowers tariffs on 99 per cent of Indian goods to zero in the UK market while allowing Indian workers to travel to the UK for work without changing Britain’s point-based immigration system

The much-delayed Free Trade Agreement (FTA) between India and the UK is expected to gain momentum with a stable Labour government in place.

Notably, India and the UK are negotiating a Free Trade Agreement (FTA). Talks for FTA between India and the UK started in 2022.