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Jun 19, 2025
India, UK progress on free trade agreement
India and the UK just wrapped up talks on a major Free Trade Agreement (FTA), hoping to sign by September 2025.
Commerce Minister Piyush Goyal and his UK counterpart Jonathan Reynolds met in London, eyeing a boost for both countries in trade, tech, and defense.
TL;DR
FTA needs government approvals
Before anything goes live, the FTA needs approval from both governments—a process that could take up to 15 months after signing.
The deal isn't just about business; it also spotlights India's digital growth, sustainable manufacturing, and global ambitions for innovations like UPI and CoWIN.