UK – India Trade Agreement Signals a Bold New Chapter in Global Commerce

The Federation of Indian Export Organisations (FIEO) has welcomed the finalisation of the long-awaited India–United Kingdom Free Trade Agreement (FTA), calling it a landmark move that will reshape the future of bilateral trade between the two nations.

Mr. S. C. Ralhan, President of FIEO, said that the agreement was right on time as India is a strong and dependable trading partner on the global stage and the FTA not only reflects the shared economic vision of India and the UK but also lays a strong foundation for a sustainable and mutually rewarding partnership. The FTA, which eliminates or reduces tariffs across a wide range of sectors, gives Indian exporters a competitive edge in one of the world’s most dynamic and consumption-driven economies. Textiles, leather, footwear, gems and jewellery, pharmaceuticals, and agricultural products are among the key sectors expected to gain significant traction. Beyond goods, the agreement is also a boost to India’s services sector. Provisions that improve mobility for professionals and reduce regulatory hurdles are expected to benefit IT and other professional services.

Moreover, the pact includes crucial chapters on investment facilitation, intellectual property rights, digital trade, and dispute resolution—bringing greater predictability and confidence to UK investors considering India.
Calling the FTA a Game changer, Mr. Ralhan urged Indian businesses, especially MSMEs, to seize the moment and further added that the pact has the potential to open new trade avenues, deepen our global integration, and position India as a leading force in global supply chains. FIEO also expressed its readiness to work with the government and industry to ensure smooth implementation and to help Indian exporters capitalise on the many opportunities this agreement unlocks.