Trade Deal With India Raises Living Standards, Deepens Ties

New Delhi: The UK Prime Minister Keir Starmer on Tuesday said that the trade deal with India will raise living standards and further deepen ties between India and the UK.

“The trade deal with India will raise living standards, put more money in the pockets of British working people, and deepen the unique ties between our two nations,” Starmer wrote on his X handle. Prime Minister Keir Starmer also posted a short video on his X handle of his conversation with Prime Minister Narendra Modi.

“Congratulations, Prime Minister, we have achieved something truly historic today. This is the biggest deal the UK, since we left the EU. I think I am right in saying it’s the most ambitious that India has ever done,” the UK PM can be heard telling PM Modi during the telephonic conversation between the two leaders.

Prime Minister Narendra Modi responded, saying that the credit for the free trade deal goes to his (Starmer’s) leadership. “The credit goes to your vision and to your decisive leadership. This deal will further strengthen the UK-India strategic partnership,” PM Modi responded to the UK Prime Minister.

Earlier, PM Modi, while addressing a gathering at the India @2047 event, confirmed that India and the UK have officially signed the trade pact.

“Today, marks a historic milestone for India. Just moments ago, I spoke with the Prime Minister of the UK, and I am pleased to announce that the India-UK pre-trade agreement has been finalised,” PM Modi said.

This landmark trade accord, the Prime Minister said, would usher in a new era of economic growth for both nations, providing a significant boost to India's economy and creating fresh opportunities for Micro, Small, and Medium Enterprises (MSMEs).