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India

PM Modi Meets King Charles Following Landmark India-UK Trade Deal

Prime Minister Modi met with King Charles shortly after finalising the details of the FTA trade deal at the Sandringham Estate in the United Kingdom on Thursday.

Prime Minister Modi met with King Charles shortly after finalising the details of the FTA trade deal at the Sandringham Estate in the United Kingdom on Thursday. The meeting marked a significant diplomatic moment, indicating the strengthening of bilateral ties between the two nations. 

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The Royal Family tweeted:
“This afternoon, the King received the Prime Minister of the Republic of India, Narendra Modi, at Sandringham House. During their time together, His Majesty was given a tree to be planted this autumn, inspired by the environmental initiative launched by the Prime Minister, ‘Ek Ped Maa Ke Naam’, which encourages people to plant a tree in tribute to their mothers.”

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The agreement will ensure that 99% of Indian exports receive duty-free access to British markets. Broadly, UK exports to India will see tariffs reduced from 15% to 3%, meaning cheaper goods for Indian consumers.

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India has also positioned its agriculture industry to benefit from this agreement. India’s agricultural exports stand at $36.63 billion, while the UK’s total agricultural imports are $37.52 billion. However, Indian exports to the UK in this sector are only $811 million. With this deal, the British market becomes a promising opportunity for Indian products such as tea, mangoes, grapes, spices, and seafood items.

Beyond these changes, the deal will also reduce import duties on UK-produced whisky and gin – from 150% to 75% initially, with a further decrease to 40% within the next decade. Tariffs on automobiles will also be lowered from 100% to 10%, though this will be subject to quota restrictions.

Also Read: Thailand-Cambodia Border Dispute: Here’s What’s Behind The Rising Tensions

First published on: Jul 24, 2025 10:32 PM IST


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