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UK and India agree trade deal after three years of talks

created: May 6, 2025, 9:11 p.m. | updated: May 8, 2025, 7:26 a.m.

UK and India agree trade deal after three years of talks1 day ago Share Save Lucy Hooker Business reporter, BBC News Share SaveWatch: PM hails UK's "biggest trade deal" since BrexitThe UK and India have agreed a trade deal that will make it easier for UK firms to export whisky, cars and other products to India, and cut taxes on India's clothing and footwear exports. India trade deal could undercut UK business, opposition parties say India's prime minister, Narendra Modi, described the agreement as an historic milestone that was "ambitious and mutually beneficial". UK Business Secretary Jonathan Reynolds said the benefits for UK businesses and consumers were "massive". The exemption applies to the staff of Indian companies temporarily transferred to the UK, and to UK firms' workers transferred to India. It appears to have increased the impetus to strike this trade deal.

7 months ago: BBC News