Union Minister for Commerce and Industry Piyush Goyal on Saturday (July 26, 2025) termed the India-U.K. free trade agreement as "game-changing" and said it will benefit every section in India including farmers, youth, MSME sector and Industry.
With this, India would be able to ship 99% of its exports to U.K. duty-free, he said.
The India-U.K. Free Trade Agreement (FTA), also called Comprehensive Economic and Trade Agreement, was signed by Mr. Goyal and his counterpart Jonathan Reynolds in the presence of Prime Minister Narendra Modi and British Prime Minister Keir Starmer on Thursday (July 25, 2025).
Addressing a press conference at the BJP headquarters in New Delhi, Mr. Goyal attributed India's success in signing the FTA to Prime Minister Modi's leadership and said, "It is a game-changing agreement." It will bring "immense opportunities" to the farmers of India, Indian industry, the MSME sector, the workers, youth and fishermen, he said.
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