UK India Trade: UK FTA will come into effect from July 15, tariff on 99 percent products will end

UK India Trade 2026 Update: The historic free trade agreement between India and the United Kingdom is going to come into effect from July 15 this year. The governments of both the countries have announced the launch of this comprehensive economic and trade agreement on Wednesday. This agreement is going to prove to be a new milestone in the relations between the two countries. This will increase trade between the two countries rapidly.

Prime Minister Narendra Modi has also expressed his happiness over this historic business move through a social media post. This major agreement is being fully implemented less than a year after its official signing. London officials have described it as the fastest-implementing important agreement of such a large scale.

There will be big relief from tariff

India and Britain signed this macroeconomic and trade agreement on July 24, 2025. After the implementation of this new agreement, a total of 99 percent of India’s products will get easy entry into the British market. All these Indian exports will be given entry into the United Kingdom market at completely zero tariff.

These Indian products will benefit

Many important products exported from India are going to get much better access to the British market. These mainly include rice, tea, spices, shrimp, machinery, auto components and some other engineering tools. Apart from this, the export of Indian clothes, footwear, gems and jewelery and sports goods will also increase significantly.

British products will be cheaper in India

Under this trade agreement, many British products imported into India will also become available at much cheaper prices. These mainly include chocolate, biscuits, cosmetics, scotch, whiskey, salmon, lamb and luxury cars. The Indian government will also work to reduce the heavy tariffs imposed on many British products like luxury cars and alcohol.

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Big goal of doubling business

The main goal of this CETA agreement is to double the mutual trade between the two economies by 2030. Through this, a very impressive and big target has been set to increase the total trade value to 56 billion dollars. According to Britain’s Trade Department, businessmen now have only 28 days to prepare for business.