India-UK Trade Pact: $100B Goal by 2030, Live July 2026
By Sivam
India and UK’s Free Trade Agreement launches July 15, 2026, targeting $100B commerce by 2030. Includes social security relief for businesses.
India-UK FTA Kicks Off 2026, Targets $100B Trade
India and the UK’s free trade agreement (FTA) is officially set to enter force on July 15, 2026. This landmark pact aims to supercharge bilateral commerce, targeting a massive $100 billion by 2030.
Boosting Economic Ties
The agreement is designed to significantly deepen economic connections between the two nations, following the resolution of a key steel issue. Projections indicate a potential doubling of two-way trade within four years of its implementation.
- The FTA’s primary goal is to reach $100 billion in bilateral trade by 2030.
- The pact follows successful negotiations that resolved a long-standing steel issue.
Social Security Relief Included
On the same day, July 15, 2026, India and the UK will also implement the Agreement on Social Security, known as the Double Contribution Convention (DCC).
- The DCC will provide significant relief to Indian companies operating in the UK.
- These companies will no longer be required to make social security contributions for up to five years for employees transferred from India to support their UK operations.