The UK and India have finalized a significant free trade deal after years of negotiations, marking a key post-Brexit agreement for the UK.
The pact, which aims to boost bilateral trade by £25.5 billion ($34 billion) by 2040, lowers tariffs on various goods like whisky, lamb, and biscuits, while also introducing quotas on auto imports.
Indian Prime Minister Narendra Modi hailed the agreement, emphasizing its role in deepening the strategic partnership and driving economic growth. British Prime Minister Keir Starmer noted that the deal will strengthen the UK's economy and open new opportunities for job creation and innovation.
This trade agreement comes as both nations navigate the impact of U.S. President Donald Trump's tariffs, which have disrupted global trade, highlighting the need for more direct bilateral deals between the UK, India, and the U.S. The deal also reflects India's move towards more open markets, including a shift on automobile imports, setting a precedent for future agreements with other Western powers.
The UK-India trade talks began in January 2022 and culminated in this deal amid changing leadership in both countries and a global focus on reshaping trade relationships post-Brexit and amidst U.S. tariff policies.
Iran set ablaze two tankers in Iraqi waters as it stepped up attacks on oil and transport facilities across the Mi...
The 32 countries belonging to the Internatioanl Energy Agency agreed to release 400 million barrels of oil on Wednesday (11 March), in efforts aime...
“Get ready for oil to be $200 a barrel," a spokesman for the Iranian Army warned the world on Wednesday (1...
British Prime Minister Keir Starmer was warned about the "reputational risks" of appointing Peter Mandelson as U.S....
Organisers of the 13th Global Baku Forum outlined the agenda and key themes of the upcoming international gathering during a press conference in Ba...
British Prime Minister Keir Starmer was warned about the "reputational risks" of appointing Peter Mandelson as U.S. Ambassador due to his friendship with convicted sex offender Jeffery Epstein, files released on Wednesday (11 March) show.
Britain has deployed the Royal Navy destroyer HMS Dragon to the eastern Mediterranean to strengthen protection for its military assets in the Middle East after a drone strike targeted a key UK air base in Cyprus earlier this month.
The annual pro-Palestinian al-Quds Day march in London, scheduled to take place on Sunday, has been banned by Home Secretary Shabana Mahmood following warnings from the Metropolitan Police about the risk of “serious public disorder.”
British MPs have rejected a proposal to introduce an Australia-style ban on social media for under-16s, opting instead to give ministers flexible powers to impose restrictions on platforms.
The 32 countries belonging to the Internatioanl Energy Agency agreed to release 400 million barrels of oil on Wednesday (11 March), in efforts aimed at bringing down the price of crude oil, which has soared since fighting between Iran, Israel and the U.S. started at the end of February.
U.S. President Donald Trump called his recent phone conversation with Russian President Vladimir Putin “very good.” The two leaders spoke on Monday about the situation in Iran and other international issues.
A towering lava fountain from Kilauea shot about 400 metres into the air late on Tuesday (11 March) on Hawaii Island, prompting temporary closures at Hawaii Volcanoes National Park and part of a key highway as volcanic ash and debris fell over nearby areas.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 10th of March, covering the latest developments you need to know.
Australia has granted humanitarian visas to five Iranian women footballers who sought asylum, fearing persecution after refusing to sing their national anthem at an Asia Cup match.
Britain has deployed the Royal Navy destroyer HMS Dragon to the eastern Mediterranean to strengthen protection for its military assets in the Middle East after a drone strike targeted a key UK air base in Cyprus earlier this month.
Member countries of the International Energy Agency have unanimously agreed to release 400 million barrels of oil from emergency reserves to stabilise global markets disrupted by the war involving Iran.
The annual pro-Palestinian al-Quds Day march in London, scheduled to take place on Sunday, has been banned by Home Secretary Shabana Mahmood following warnings from the Metropolitan Police about the risk of “serious public disorder.”
British Prime Minister Keir Starmer was warned about the "reputational risks" of appointing Peter Mandelson as U.S. Ambassador due to his friendship with convicted sex offender Jeffery Epstein, files released on Wednesday (11 March) show.
At least six people have died after a bus caught fire in Kerzers, Switzerland, in what police say may have been a deliberate act. Witnesses reported a man inside the vehicle set himself alight. Three others were injured and taken to hospital, while authorities continue their investigation.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment