British Parliament panel opens inquiry into impact of India-UK FTA

British Parliament panel opens inquiry into impact of India-UK FTA

The House of Lords International Agreements Committee has opened an inquiry this week into the impacts and implications of the UK-India Free Trade Agreement (FTA), concluded during Prime Minister Narendra Modi’s visit to Britain in July. The cross-party panel, which includes British Indian Conservative peer Baroness Sandy Verma, is seeking evidence from experts and stakeholders…

Read More
India-UK FTA unfair to local businesses? Centre clarifies controversial clause in government procurement- The Week

India might lose out on ₹4,000 crore in customs revenue, but local industries to get access to British market- The Week

In FY2025, India imported $8.6 billion worth of goods from the United Kingdom. And with it came thousands of crores of rupees in customs revenue. Now, with the latest free trade agreement with the UK, thinktank Global Trade Research Initiative (GTRI) estimates that India would lose out on at least ₹4,060 crore in customs revenue…

Read More
India-UK FTA: PM Modi, Starmer to sign historic deal, $34 bn annual trade boost ahead

India-UK FTA: PM Modi, Starmer to sign historic deal, $34 bn annual trade boost ahead

The India-UK Free Trade Agreement (FTA) will significantly improve market access and will boost bilateral trade by around USD 34 billion annually, the British government said on Thursday, hours before formalising the landmark deal. The FTA, billed as the UK’s most economically significant bilateral trade deal since leaving the European Union, will be signed in…

Read More