LONDON:British Prime Minister Keir Starmer has said the “landmark” Free Trade Agreement (FTA) that he is set to sign with his Indian counterpart Narendra Modi is a “major win” for jobs and growth, as tariff cuts bring in cheaper prices on clothes, shoes and food products.
In a statement ahead of his much-anticipated bilateral talks with Modi at his country residence of Chequers on Thursday, Starmer also announced that nearly GBP 6 billion in new investment and export developments had been clinched as Indian firms expand their operations in the UK and British companies secure new business opportunities in India.
The leaders are also set to sign a renewed Comprehensive and Strategic Partnership, which will see closer collaboration on defence, education, climate, technology and innovation.