Major UK-India trade deal expected to create 2,200 British jobs

WorldBusiness & Finance
24 Jul 2025 • 9:49 PM MYT
The Independent
The Independent

The world’s most free-thinking newspaper

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  • Britain and India have formally signed a free trade agreement at Chequers, the prime minister's country residence, following three years of negotiations.
  • The deal is projected to inject £6bn into the British economy and create 2,200 jobs across the country.
  • It will significantly reduce tariffs on British goods, including halving duties on whisky and lowering them for cars and cosmetics.
  • UK Prime Minister Sir Keir Starmer and Indian Prime Minister Narendra Modi hailed the agreement as a “historic day” and a “new chapter” in their nations' shared history.
  • This marks Britain's largest trade deal since leaving the European Union and India's biggest strategic partnership with an advanced economy.

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