Taking to X (previously Twitter), PM Modi posted a photograph from their tea session and wrote: “‘Chai Pe Charcha' with PM Keir Starmer at Chequers…brewing stronger India-UK ties!”
PM Modi thanked Starmer for the hospitality, saying their discussions mirrored a shared dedication to strengthening bilateral ties. And there was extra than simply small discuss, the 2 leaders witnessed the signing of the long-anticipated India-UK Free Commerce Settlement (FTA), formally known as the Complete Financial and Commerce Settlement (CETA).
Why the FTA issues
PM Modi described the deal as a “new chapter” within the partnership. He stated it could open up new alternatives in sectors like textiles, footwear, marine merchandise, auto elements, jewelry, and companies, giving a lift to MSMEs, ladies, youth, and farmers alike.
The deal can be anticipated to assist India change into a much bigger participant in international manufacturing, and provides Indian customers entry to high-quality UK items at higher costs.
In his official assertion, Modi stated, “The India-UK CETA will add momentum to the ‘Make in India' mission and improve export promotion. This settlement displays our joint imaginative and prescient of inclusive development and financial cooperation.”Inputs from businesses