India and the United Kingdom have finalized a landmark Free Trade Agreement (FTA) and a Double Contribution Convention, marking a major milestone in bilateral relations. Prime Minister Narendra Modi announced the deal following a call with his British counterpart, Prime Minister Keir Starmer, describing the agreements as “ambitious and mutually beneficial.” The FTA is expected to deepen the India-UK Comprehensive Strategic Partnership, enhancing trade, investment, innovation, and job creation across both economies.
Delighted to speak with my friend PM @Keir_Starmer. In a historic milestone, India and the UK have successfully concluded an ambitious and mutually beneficial Free Trade Agreement, along with a Double Contribution Convention. These landmark agreements will further deepen our…
— Narendra Modi (@narendramodi) May 6, 2025
While full details have yet to be released, officials say the pact includes key provisions on tariff reductions, services, and digital trade. The Double Contribution Convention is aimed at facilitating smoother financial and pension arrangements for professionals working between the two countries. Modi said he looks forward to welcoming Starmer to India soon.
This is the first major trade pact signed under Starmer’s premiership and signals a renewed push by both nations to realign their global economic strategies post-Brexit.