UK and India trade deal will 'grow the economy', says Prime Minister

UK and India trade deal will 'grow the economy', says Prime Minister

Britain and India have struck a free trade deal hailed by Sir Keir Starmer as paving the way for cheaper prices in UK shops and boosting exports.The agreement, which aims to increase bilateral annual trade by £25 billion by 2040, will see Indian tariffs “slashed” on a range of goods, with the UK also reducing some of its import levies.India has been pushing for a relaxation of visa rules as part of the deal to make it easier for its companies to transfer staff to work in the UK.The deal detailed “clear and agreed routes” by which these work transfers for business people and other professionals could happen between India and the UK, and vice versa.A cap will be applied for some groups of workers including chefs and musicians.The UK government said that the deal meant that UK’s points-based immigration system would not be affected.A “double contribution convention” will mean Indian workers will not pay National Insurance contributions in both countries for the first three years of a transfer to the UK, and vice versa.


User: Evening Standard

Views: 925

Uploaded: 2025-05-08

Duration: 03:45

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