UK and India Seal Free Trade Agreement Slashing Tariffs, Barriers

India Commerce Minister on Trade Talks, Economy, Visas

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By Shruti Srivastava, Lucy White, and Anup Roy

July 24, 2025 at 9:44 AM UTC

Updated on

July 24, 2025 at 1:17 PM UTC

India and the UK sealed a free trade agreement eliminating tariffs on products ranging from cars to alcohol, finalizing a deal between two major economies at a time when US President Donald Trump’s tariff policies continue to disrupt global trade.

Broadcasters on Thursday aired footage showing UK Business and Trade Secretary Jonathan Reynolds and his Indian counterpart, Piyush Goyal, signing the agreement at a ceremony near London also attended by UK Chancellor of the Exchequer Rachel Reeves and Indian Minister of External Affairs Subrahmanyam Jaishankar. Indian prime minister Narendra Modi has also jetted in to mark the occasion with UK Prime Minister Keir Starmer.