Editor’s Note
India and the UK have concluded a landmark trade agreement, setting ambitious targets to significantly boost bilateral commerce in the coming decades.
India and the UK finalized the trade pact on May 6, 2025, following over three years of negotiations. Under the agreement, both countries aim to increase annual bilateral trade by £25.5 billion (US$34.5 billion) and have committed to doubling trade to US$120 billion by 2030, with an additional US$40 billion projected by 2040.