Modi, Starmer hail UK-India trade deal as new investment revealed | International Trade News

British Prime Minister Keir Starmer and his Indian counterpart Narendra Modi have hailed their countries’ recent trade deal as transformative, saying the partnership has already begun to bear fruit.

The United Kingdom and India signed a trade agreement in July aimed at reducing tariffs on goods from textiles to whisky, cars and spices and allowing more market access for businesses. The stated goal is to boost trade by a further 25.5 billion pounds ($34bn) by 2040.