'Significant Moment': PM Modi Welcomes India-UK FTA, Says It Reflects ‘Shared Ambition For Growth’
'Significant Moment': PM Modi Welcomes India-UK FTA, Says It Reflects ‘Shared Ambition For Growth’ Published By, Last Updated: July 15, 2026, 12:53 IST PM Modi
'Significant Moment': PM Modi Welcomes India-UK FTA, Says It Reflects ‘Shared Ambition For Growth’ Published By, Last Updated: July 15, 2026, 12:53 IST PM Modi said that the trade pact and the accompanying Social Security Agreement would strengthen the India-UK partnership. PM Narendra Modi and UK PM Keir Starmer met at the G7 Summit in France. (Image: PTI) India-UK FTA: Prime Minister Narendra Modi on Wednesday hailed the coming into force of the India-United Kingdom Comprehensive Economic and Trade Agreement (CETA), calling it a “significant moment" that will deepen economic ties and create new opportunities for businesses, workers and consumers in both countries. The landmark Free Trade Agreement (FTA), signed between PM Modi and his British counterpart Keir Starmer last year after nearly three years of negotiations, officially came into effect on Wednesday. Read More: India-UK FTA From July 15: What Gets Cheaper, Which Sectors Benefit, And Why It Matters Welcoming the implementation of the agreement, PM Modi said that the trade pact and the accompanying Social Security Agreement would strengthen the India-UK partnership. “This is a significant moment in the India-United Kingdom partnership! With the coming into force of the Comprehensive Economic and Trade Agreement and the Agreement on Social Security, our economic linkages are going to get even deeper. Together, these agreements translate our shared ambition into tangible opportunities for our people," he said in a post on X. This is a significant moment in the India-United Kingdom partnership!With the coming into force of the Comprehensive Economic and Trade Agreement and the Agreement on Social Security, our economic linkages are going to get even deeper.
Together, these agreements translate our… — Narendra Modi (@narendramodi) July 15, 2026 He further said that the trade agreement would provide fresh momentum to Indian farmers, entrepreneurs and micro, small and medium enterprises (MSMEs), while opening wider access to the UK market for several sectors. “The CETA will give fresh momentum to our farmers, entrepreneurs and MSMEs. Several vibrant sectors will gain stronger access to the UK market. It will also deepen cooperation in technology, professional services and innovation, while supporting greater mobility for skilled Indian talent," he added. He further emphasised that the pact will strengthen cooperation in technology, innovation and professional services while supporting greater mobility for skilled Indian professionals working in the UK. “The social security agreement will provide invaluable support to Indian professionals working temporarily in the UK and strengthen the competitiveness of Indian enterprises. This moment reflects the trust between our democracies and our resolve to build a forward-looking partnership driven by trade, technology, investment and innovation. India and the UK will continue working together for shared prosperity," he added. India-UK FTA Comes Into Force The FTA, signed between PM Modi and his British counterpart Keir Starmer last year after nearly three years of negotiations, officially came into effect on Wednesday. Alongside the trade deal, a social security agreement called the Double Contribution Convention (DCC) will also take effect, offering major relief to Indian professionals working temporarily in the UK.
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