India-UK Landmark Trade Deal: Paving the Path to Prosperity

India and the UK have finalized a landmark trade agreement designed to dismantle tariffs on cars, textiles, and other key products. Prime Ministers Narendra Modi and Keir Starmer spearheaded this initiative, coinciding with the 'Vision 2035' strategy aimed at fortifying ties in defense, technology, and clean energy sectors.

The Comprehensive Economic and Trade Agreement (CETA), signed by Commerce Minister Piyush Goyal and his UK counterpart Jonathan Reynolds, seeks to augment bilateral trade by approximately USD 34 billion annually. It will provide comprehensive market access to Indian goods, benefiting the textile, agricultural, and processed food sectors, among others.

This historic pact occurs against a backdrop of rising global trade tensions. Simultaneously, Modi addressed concerns over pro-Khalistani activities in the UK, emphasizing that extremist ideologies must not exploit democratic freedoms. The 'Vision 2035' partnership promises to fuel collaboration in technology, education, and people-to-people connectivity, setting the stage for a decade of shared growth.

(With inputs from agencies.)