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Key Points

UK Foreign Secretary David Lammy celebrates the landmark UK-India trade deal, emphasizing its £43 billion economic impact and job creation. He highlights early diplomatic efforts, including inviting India’s Jaishankar as his first guest at Chevening. Prime Minister Keir Starmer contrasts Labour’s swift deal completion with Tory inaction, calling it a win for British workers. The agreement is hailed as the UK’s most significant post-Brexit trade achievement.

Key Points: David Lammy Celebrates UK-India Trade Deal as Historic Prosperity Milestone

  • Lammy highlights £43 billion trade boost supporting 600,000 jobs
  • Deal connects UK businesses to 1B Indian consumers
  • Starmer contrasts Labour’s swift deal with Tory delays
  • Agreement marks UK’s biggest post-Brexit trade achievement
2 min read

David Lammy hails UK-India trade deal as gateway to shared prosperity

UK Foreign Secretary David Lammy hails the £43 billion trade deal with India, calling it a gateway to shared prosperity and job growth.

"This is just the floor, not the ceiling of our ambitions together. – David Lammy"

London, May 7

UK Foreign Secretary David Lammy on Tuesday said that the landmark trade agreement between the United Kingdom and India marks a new era of bilateral cooperation, highlighting the economic and strategic importance of the deal.

Posting on X (formerly Twitter), Lammy stated, "I visited India in my first weeks as Foreign Secretary to drive growth with one of the fastest growing economies in the world. Today, with Jonathan Reynolds, Secretary of State for Department of Business and Trade, we've delivered a landmark trade deal. This is just the start of supercharging our GBP 43 billion trading relationship."

https://x.com/DavidLammy/status/1919782422226342143

Reflecting on his early outreach, Lammy added, "Rewind to when I became Foreign Secretary. I visited India in my first weeks in office. In March, I invited Minister Jaishankar to be my first guest at Chevening. And now today, we've made history together. Our landmark trade deal with India is a gateway to prosperity for both nations." He emphasised the scale of the economic opportunity, noting that the "GBP 43 billion trading partnership opens doors for British businesses, from Scottish distilleries, to Welsh manufacturers, connecting them to 1 billion Indian consumers." Lammy also highlighted the depth of the investment ties between the two countries, stating that the relationship "already supports 600,000 jobs across both economies." Looking to the future, he added, "This is just the floor, not the ceiling of our ambitions together."

The announcement comes after UK Prime Minister Keir Starmer hailed the finalisation of the trade deal as a major achievement. Starmer called it a "landmark deal with far-reaching economic implications," stating that it would benefit "British businesses, workers, and consumers" while aligning with his government's "Plan for Change."

https://x.com/Keir_Starmer/status/1919745993123193036

Starmer also contrasted the deal's successful conclusion with the record of the previous government. "The Tories talked up a trade deal with India for eight years, but never delivered. My Labour government rolled up our sleeves and got the job done in 10 months. We are delivering for working people."

Calling it the UK's biggest post-Brexit deal and India's most ambitious to date, Starmer said the agreement would be "measured in billions of pounds into our economy and jobs across the whole of the United Kingdom."

- ANI

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Reader Comments

R
Rahul K.
This is great news for Make in India! 🇮🇳 The UK has always been an important partner, and this deal will help our MSMEs access new markets. Hope we get better terms for our textiles and pharmaceuticals. The 600,000 jobs number shows how interconnected our economies already are.
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Priya M.
While the deal sounds promising, I hope our government ensured fair terms. Past FTAs have sometimes favored developed nations more. The UK gets access to our huge consumer base - what do Indian students and professionals get in return? Visa relaxation would have been a real win!
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Arjun S.
Scotch whisky at lower prices? Count me in! 😄 Jokes aside, this could be transformative for our tech startups looking to expand globally. The UK's financial services expertise combined with India's IT prowess is a winning combination. Hope this leads to more joint innovation projects.
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Sunita R.
Good to see the new UK government acting so quickly. Shows they value the relationship. But let's not forget - India is negotiating from a position of strength now with our growing economy. We should drive hard bargains that benefit our farmers and small businesses too.
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Vikram J.
The Labour government delivered in 10 months what Conservatives couldn't in 8 years! Speaks volumes. This deal could be a game-changer for Indian automotive and engineering exports. Hope our manufacturers are ready to capitalize on this opportunity. Atmanirbhar Bharat meets Global Britain!
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Neha P.
I'm cautiously optimistic. Trade deals often look good on paper but take years to show real impact. Hope this includes provisions for Indian nurses and healthcare workers in the UK - they contribute so much to their NHS. That would be true shared prosperity.

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