India-UK Trade
PM likely to visit UK next week to sign trade agreement, says govt source
This story was originally published at 14:07 IST on 18 July 2025
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--Govt source: PM likely to visit UK next week to sign free trade agreement
--Govt source: Yet to finalise date for PM's UK visit
NEW DELHI– Prime Minister Narendra Modi is likely to visit the UK next week to sign the recently concluded free trade agreement, a commerce ministry official said Friday. Modi had announced the conclusion of the trade deal in May.
The date of PM's visit to the UK is yet to be finalised, the official said. The FTA should get implemented within a year from the signing, the official added.
Under the free trade agreement, India has committed to cut duty on 90% tariff lines while the UK would slash duty on 99% tariff lines. India will also lower duty on import of British auto products to 10% from 100% under a fixed quota, which is likely to be implemented in a phased manner. The finer details of the deal are awaited as both sides are currently undertaking legal vetting of the text of the pact.
India has also committed to cut duty on whisky and gin to 75% from 100% first and then bring it down to 40%. New Delhi and London have also agreed that the former could retaliate if the latter plans to impose non-tariff barriers like Carbon Border Adjustment Mechanism, the third official mentioned. The UK, on other hand, has committed to make 95% agri-related tariff lines duty-free.
The UK is among India's top 10 export destinations. India had exported goods worth $14.55 billion in 2024-25 (Apr-Mar), and had imported $8.61 billion worth of goods in the year, according to data available with the commerce ministry. End
US$1 = INR 86.18
Reported by Krity Ambey
Edited by Akul Nishant Akhoury
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