Biggest, Most Economically Significant Trade Deal UK Has Made Since Leaving EU: PM Starmer On FTA With India | World News

London: Emphasizing that the Free Trade Agreement between India and England (FTA) will benefit both nations, British Prime Minister Keir Starmer called the country’s “the biggest and most economic trade agreement” that the country undertaken after the European Union (EU). He said India-UK FTA would increase wages, increase living standards and put more money on the pockets of the working class.

On Thursday, while Prime Minister Narendra Modi in London made a press release, Starmer said that the British workers in the latest production of the FTA agreement, the Whiskey Damıtıcılar in Scotland and the Service sector in London, Manchester and Leeds, because it will reduce prices to Indian goods in England.

“Both countries will benefit, increase wages, increase the standards of living standards and put more money for business … Good for work. It is good for work. It is good for work, tariffs, trading is cheaper, faster and easier for the British workers in the latest production and whiskey distillers in London is good for whiskey distillers. Prices in goods, clothes and shoes and food will benefit in the long run.

“Every year, the UK economy will add approximately 4.8 billion pounds and 2.2 billion pounds to the upward and lower regions and nations in the United Kingdom. We know that this is the biggest and most economical trade agreement since the British has left the EU and I can say that it is one of the most comprehensive agreements for my gratitude. I would like to thank everyone who works hard to get this agreement on the line, “he added.

On Thursday, PM Modi and British colleague signed the highly anticipated Free Trade Agreement (FTA) to increase the annual bilateral trade of approximately $ 34 billion. As a part of Landmark FTA, India reduces tariffs in 90 percent of the UK products, while the UK will reduce tasks in 99 percent of Indian exports and significantly reduce tariff lines and regulatory processes in the sectors.

Keir Starmer, “As I said before and just as we have discussed … We have entered a new global period, and this requires us to surrender to the British people by establishing deeper partnerships and alliances, and today, this approach is very confirmed.”

He said that FTA with India sent a strong message that “Britain opened for business and already creates great confidence”.

“Britain has been negotiating such an agreement for years, but we send a very powerful message that the government that does this, and that Britain has opened for business and already creates great confidence. Today we announce about six billion pounds between India and the United Kingdom and create 2200 business for British workers.”

Starmer also announced that the two countries have started to work more closely in sectors such as defense, migration, climate change, education and health, and started the India-England Vision 2035 strategy.

“As we discussed this morning, this is not the scope of the boundaries of our cooperation with India. We have the unique ties of history, family and culture and we want to strengthen our relationship even more. We focused on long term, we discussed in the autumn of last year in the relationship we discussed by the 20 years of this trade, why we have entered into this agreement, why we have to get into this agreement, why this is why, why UK, why UK, why at this work, why in this company, why in this company, why this agreement, why in this company, why this business, why this, 20, why this business, why uk, why this, why uk, why uk, why uk, why uk, why uk. He promised to work, “he said.

“We will also develop the fantastic work we have already done in technology and innovation by celebrating the one -year annual anniversary of the Landmark Technology security initiative and taking advantage of the opportunities it represents for both our countries.”

Previously, Prime Minister Modi called Starmer at the Checkers Estate, the rural prime minister of the United Kingdom, while the fourth visit to the country. PM Modi, with the invitation of the British counterpart, on a two -day official visit to England.