Oct 29, 2017
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India-UK FTA: Cars, Chocolates, Scotch to Get Cheaper
India and the United Kingdom have officially signed a landmark Free Trade Agreement (FTA) during Prime Minister Narendra Modi's visit to London, in the presence of his British counterpart, Keir Starmer. The agreement, inked by Commerce Minister Piyush Goyal and UK Trade Minister Jonathan Reynolds, is expected to boost bilateral trade by $34 billion annually.
Key Highlights:
Tariff Cuts: British goods like chocolates, biscuits, salmon, lamb, cars, and soft drinks will get cheaper as average import duties drop from 15% to 3%.
Whisky imports will see a duty cut from 150% to 75% immediately, then to 40% over 10 years.
Electric vehicle tariffs reduced from 110% to 10%, encouraging EV access.
For Indian Professionals:
Easier UK entry for Indian IT, management, engineering, consulting, yoga, and culinary professionals.
60,000+ IT professionals could benefit yearly, with access to 35 UK sectors for 2 years, without needing a local office.
Exemption from UK social security for 3 years.
UK opens 36 service sectors to Indians, no Economic Needs Test required.
Broader Impact on India:
Increased access to medical devices, aerospace components from the UK.
New UK investments: 26 British companies to expand in India.
Expected boost to agriculture, processed foods, and employment across multiple sectors.
🇬🇧 How the UK Benefits:
Tariff reductions on 90% of Indian imports, 85% fully exempt in 10 years.
Access to 40,000 Indian govt tenders (non-sensitive) worth ₹4.09 lakh crore.
Job creation: Over 2,200 new UK jobs linked directly to the deal.
Wage hikes worth £2.2 billion expected annually.
British consumers to enjoy cheaper Indian clothes, shoes, and foods.
This FTA is India’s most significant trade deal with a developed nation in over a decade, opening mutual opportunities in goods, services, and mobility — and signaling stronger economic and diplomatic ties between two major democracies.
બાલીમા UK ના PM ઋષિ સુનક સાથે ભારત ના PM નરેન્દ્ર મોદીએ મુલાકાત કરી હતી... #rushisunak #uk #ukpm #pmoindia #pmnarendramodi #bali #indonesia #India #ilove_rajkot03 #ilove_rajkot03update #foryoursupport❤️ #thankYou https://www.instagram.com/p/ClCDmXbPphs/?igshid=NGJjMDIxMWI=
Beef in Rishi Sulak dinner party celebration .
For more details click below.
24/7 News Daily
Rishi Sunak is the first Prime Minister of The United Kingdom to be Hindu, non-white, south-asian and of an Indian descent. . . He has a vast political experience - MP for Richmond (2015) - Parliamentary Under-Secretary of State for Local Govt. (2018-19) - Chief Secretary to the Treasury (2019-20) - Chancellor of Exchequer (2020-22) . . . #rishisunak #rishisunakpm #ukpm #primeministerofuk #unitedkingdom #princecharles #hindu #indianpm #britain #borisjohnson #liztruss #mordaunt #conservativeparty #legal #politics #politicalsetup #ukpolitics #knowledge #india #law #currentaffairs https://www.instagram.com/p/CkIf6fUvXyT/?igshid=NGJjMDIxMWI=
Anya is live and ready to show you everything. Watch her strip, dance, and perform exclusive shows just for you. Interact in real-time and make your fantasies come true.
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I know these days ethics don’t count for much in politics, but, really, can even the UK Conservative Party really vote for the man who was got rid only months ago for lying, cheating and showing a profound lack of integrity? I fear that the answer could be yes. The joker could return to increase the international impression that the UK has become the joke. #borisjohnson #ukpolitics #ukpm (at Lewes, East Sussex) https://www.instagram.com/p/CkA8op8K2gc/?igshid=NGJjMDIxMWI=
🚨 BREAKING: U.K. Prime Minister Liz Truss announced her resignation Thursday after six disastrous weeks in office, during which her tax plan panicked the markets and her own party turned on her. She'll be the shortest-serving prime minister in history. What she's saying: Truss said she recognized that she could not "deliver the mandate on which I was elected by the Conservative Party," and that the election to pick her successor would be completed within a week. That's a remarkably short timetable for the Conservatives to pick their fifth prime minister since the 2016 Brexit referendum, which left the party deeply divided. Truss will remain in office in the interim. 🔗 This is a developing story. Tap the link in @axios bio to read the latest updates. #axios #britishPM #ukpm #liztruss (at ScholarshipJamaica.com) https://www.instagram.com/p/Cj8Pzy7OB_p/?igshid=NGJjMDIxMWI=
Liz Truss resigned from the post of UK Prime Minister within two months service. #LizTrussPM #UKprimeminister #UKPM #LizTruss #economy https://www.instagram.com/p/Cj78djPJoz8/?igshid=NGJjMDIxMWI=