Business leaders have warmly welcomed the signing of the UK-India Free Trade Agreement, as Trade and Commerce Secretary Jonathan Reynolds and India’s Commerce and Industry Minister Piyush Goyal signed the landmark trade deal.
A trade agreement with India, one of the world’s fastest growing economies, is a cornerstone for long-term partnership and prosperity. UK companies can take advantage of this new platform to expand, diversify and compete on a global stage.
This £4.8 billion trade agreement will drive economic growth for every region of the UK and the nation, and has widespread support from businesses large and small across the aerospace, financial and business services, food and drink, and automotive sectors.
In a time of rising protectionism, today’s announcement sends a strong signal that the UK is open for business and firm in its commitment to free and fair trade.
