New Delhi, July 24 -- India and the United Kingdom on Thursday formally signed a Free Trade Agreement (FTA), marking a major milestone in bilateral relations and economic cooperation.

The signing ceremony took place at Chequers, the official country residence of the British Prime Minister, in the presence of Indian Prime Minister Modi and UK Prime Minister Keir Starmer.

Described as the most significant trade deal for the UK post-Brexit and the most comprehensive FTA ever signed by India, the agreement is expected to boost bilateral trade by USD 34 billion annually.

The pact follows years of complex negotiations and is accompanied by the launch of the UK-India Vision 2035, a strategic roadmap for enhanced cooperation beyond trade.

The...