Prime Minister Keir Starmer and Indian Prime Minister Narendra Modi have held pivotal discussions aimed at finalising a major trade deal between the UK and India. The talks, described as "productive" by Downing Street, signal significant progress towards an agreement that could strengthen economic cooperation between the two nations.
The proposed deal is expected to unlock new opportunities for British businesses in India's rapidly growing market, while Indian exporters could gain improved access to the UK. Key sectors likely to benefit include technology, pharmaceuticals, and financial services.
What's at Stake in the Negotiations?
Sources close to the negotiations suggest both sides are working to resolve remaining sticking points, including:
- Market access for British services
- Tariff reductions on key goods
- Intellectual property protections
- Regulatory alignment in digital trade
The potential agreement comes at a crucial time as the UK seeks to establish stronger trade relationships post-Brexit, while India looks to expand its global economic partnerships.
Business Community Reacts
Industry leaders have welcomed the progress, with the Confederation of British Industry describing the talks as "a positive step towards a deal that could deliver real benefits for businesses on both sides."
However, some agricultural groups have expressed concerns about potential impacts on UK farmers, calling for safeguards to be included in any final agreement.
Both governments have emphasised their commitment to reaching a mutually beneficial deal, though neither side has provided a specific timeline for completion. Observers suggest an agreement could be finalised before the end of the year if current momentum continues.
