Modi to sign Free Trade Agreement during his London visit

NewsGate Press Network

The Prime Minister Narendra Modi will  sign the free trade agreement with England during his London visit.

The Union Cabinet in its meeting held on Tuesday the 22^nd of July 2025 gave formal approval.

The pact, officially called as Comprehensive Economic and Trade Agreement, will be signed during Prime Minister Narendra Modi’s visit to London.

PM Modi’s four-day visit to the United Kingdom and the Maldives begins on Wednesday the 23^rd of July 2025.

Commerce and Industry Minister Piyush Goyal will accompany the prime minister.

It may be recalled that both India and the UK had announced the conclusion of the negotiations for the trade agreement on 6^th May 2025.

The trade pact proposes to remove taxes on the export of labour-intensive products such as leather, footwear and clothing, while making imports of whisky and cars from Britain cheaper, in a bid to double trade between the two economies to USD 120 billion by 2030.

The pact has chapters on issues including goods, services, innovation, government procurement, and intellectual property rights.

The text of the agreement is generally signed by the commerce ministers from both countries.

The British Parliament is expected to ratify the FTA once it is signed by the two prime ministers.