India-UK FTA takes off with tariff cuts, London targets $100 bn trade from 'gold standard' deal
- Posted on July 15, 2026
- By Business News Today
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- 1 min read
In brief
The India-UK Comprehensive Economic and Trade Agreement has officially launched, marking a transformative milestone in bilateral commerce. With 99% of Indian exports gaining duty-free access to British markets and reciprocal tariff reductions on UK goods, both nations aim to achieve $100 billion in annual trade. This strategic partnership strengthens economic ties, encourages cross-border investment, and positions both countries as key trading partners in the post-Brexit era.
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India-UK FTA takes off with tariff cuts, London targets $100 bn trade from 'gold standard' deal
The India-UK Comprehensive Economic and Trade Agreement has officially come into force. This pact aims to significantly increase bilateral trade between the two nations. Nearly ninety-nine percent of India's exports will now receive zero-duty market access. British exports to India will also benefit from lower or zero tariffs. This agreement is expected to foster greater investment and economic cooperation.
