In a significant diplomatic achievement, British Prime Minister Keir Starmer, before stepping down from his role, successfully concluded the India-UK Free Trade Agreement (FTA). This milestone came to fruition during his meeting with Indian Prime Minister Narendra Modi at the G7 Summit 2026, where both leaders set July 15 as the implementation date for the Comprehensive Economic and Trade Agreement (CETA) between the two nations. The deal is projected to enhance the already substantial trade relationship, valued at approximately £48 billion annually.
Starmer had prioritized strengthening ties with India throughout his tenure and considered the trade agreement a key target of his administration. He emphasized the economic growth opportunities this agreement would unlock, given India’s increasing global economic prominence and the advantages of more streamlined and cost-effective trade between the United Kingdom and India.
Since taking over as Labour leader following the party’s defeat in the 2019 elections, Starmer focused on mending relations with the British Indian community and fostering a robust partnership with India. Under his direction, the Labour party pledged to deepen collaboration with India across various sectors, including trade, security, education, technology, and climate action initiatives.
Starmer, who had a notable career in law and served as Director of Public Prosecutions before entering politics, rose to the position of Prime Minister after Labour’s decisive victory in the 2024 elections. Although he achieved early progress in stabilizing the economy and implementing domestic reforms, he eventually faced a series of policy and political hurdles that undermined his leadership.
In a heartfelt resignation speech, Starmer acknowledged that he no longer had the confidence of his parliamentary colleagues to lead Labour into the forthcoming general election. He expressed acceptance and gratitude for their decision, marking the conclusion of a significant era in British politics.