PM Modi expected in UK on July 23-24 for FTA signing

[ad_1] New Delhi: Prime Minister Narendra Modi is likely to travel to the United Kingdom on July 23-24 that could see both sides formally ink the landmark India-UK free trade deal and discuss expanding bilateral security ties.The deal could likely take about a year to become effective, sources said. In May India and the UK agreed to the landmark trade deal that is expected to benefit 99 per cent of Indian exports from tariffs and will make it easier for British firms to export whisky, cars and other products to India, besides boosting the overall trade basket.Modi had described the two pacts as a "historic milestone" to catalyse trade, investment, growth and job creation in both economies and further deepen the India-UK comprehensive strategic partnership.The trade deal, firmed up after three years of negotiations, is expected to ensure comprehensive market access for Indian goods across all sectors.From the UK, the PM will travel to Maldives on July 25-26 where he will be the Chief Guest on the occasion of National Day.Live Events [ad_2] Source link Follow Us: https://facebook.com/gagab2b https://youtube.com/gagab2b https://gagab2b.com https://gagab2b.com/import-export-news/import-export-india-news/pm-modi-expected-in-uk-on-july-23-24-for-fta-signing/?feed_id=2774&_unique_id=687aeb7fa54d4

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