{"id":1955,"date":"2025-07-24T11:46:00","date_gmt":"2025-07-24T07:46:00","guid":{"rendered":"https:\/\/omanet.om\/en\/news\/business\/modi-and-starmer-secure-trade-deal\/"},"modified":"2025-07-24T18:37:22","modified_gmt":"2025-07-24T14:37:22","slug":"modi-and-starmer-secure-trade-deal","status":"publish","type":"post","link":"https:\/\/omanet.om\/en\/news\/business\/modi-and-starmer-secure-trade-deal\/","title":{"rendered":"India-UK Trade Deal Signed: What It Means for Investors and Businesses in Oman"},"content":{"rendered":"<style>\r\n@keyframes hitv3sog-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitv3sog-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OMAN OFFER<\/span><\/div>\r\n    <div class=\"hitv3sogh\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.15s;\">Websites For <span style=\"color:#dc2626;\">Omani Businesses.<\/span><\/div>\r\n    <div class=\"hitv3sogs\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.3s;\">Empower your brand with custom digital solutions designed for high conversion and market dominance.<\/div>\r\n    <div class=\"hitv3sogbl\"><div class=\"hitv3sogbi\"><span 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bonds&quot; between Britain and India as he signed a significant trade agreement with his Indian counterpart, Narendra Modi. Starmer characterized the deal as a <strong>&quot;landmark moment&quot;<\/strong> for both nations. <\/p>\n<p>&quot;This is not the extent or the limit of our collaboration with India,&quot; Starmer stated, emphasizing the desire to enhance the relationship further amid the British government&#8217;s challenges of stagnant economic growth and high inflation. He remarked, &quot;We have unique bonds of history, family, and culture, and we want to strengthen our relationship so that it is even more ambitious, modern, and focused on the long term.&quot;<\/p>\n<p>The free trade agreement, announced in May, is projected to add \u00a34.8 billion ($6.5 billion) annually to the UK economy. Both countries aim to increase trade by \u00a325.5 billion, which is expected to bolster the British economy and improve wages. <\/p>\n<p>Modi, standing next to Starmer during a press event, called the agreement a <strong>&quot;blueprint for our shared prosperity.&quot;<\/strong> Currently, the UK and India are the fifth and sixth largest economies globally, with a trade relationship valued at approximately \u00a341 billion, supporting over 600,000 jobs in both countries.<\/p>\n<p>The accord will significantly reduce tariffs on UK goods entering India, such as whisky, cosmetics, and medical devices. In exchange, the UK will lower tariffs on Indian imports, including clothing, footwear, and food products like frozen prawns.<\/p>\n<p>In addition to trade discussions, Starmer and Modi likely addressed the tragic Air India disaster from last month, which resulted in the deaths of 241 individuals, including 169 Indian passengers and 52 British nationals. This incident marked one of the deadliest air disasters in terms of British fatalities.<\/p>\n<p><style>\r\n@keyframes hitl8gak-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes hitl8gak-shimmer{0%,100%{opacity:0.3;transform:scaleX(0.4)}50%{opacity:1;transform:scaleX(1)}}\r\n@keyframes hitl8gak-glow{0%,100%{opacity:0.6}50%{opacity:1}}\r\n@keyframes hitl8gak-badge{from{opacity:0;transform:scale(0.8)}to{opacity:1;transform:scale(1)}}\r\n<\/style><style>\r\n.hitl8gakw{container-type:inline-size;width:100%;max-width:970px;margin:0 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitl8gak-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OFFER<\/span><\/div>\r\n    <div class=\"hitl8gakh\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.15s;\">Your Website <span style=\"color:#dc2626;\">Should Sell.<\/span><\/div>\r\n    <div class=\"hitl8gaks\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.3s;\">Custom-built websites with smart automation & AI-powered features.<\/div>\r\n    <div class=\"hitl8gakbl\"><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>SEO-optimized & lightning fast<\/span><\/div><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Smart features built for your business<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitl8gakct\">\r\n    <button class=\"hitl8gakbtn\" style=\"animation:hitl8gak-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Get Free Consultation <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitl8gakbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div><br \/>\n<\/p>\n<p><strong>Special Analysis by Omanet | Navigate Oman&#8217;s Market<\/strong><\/p>\n<p>The recently signed <strong>UK-India trade deal<\/strong> heralds significant <strong>opportunities for businesses in Oman<\/strong> by enhancing access to these growing markets. <strong>Smart investors should consider<\/strong> leveraging Oman\u2019s strategic position to tap into increased trade flows while being mindful of <strong>regional competition risks.<\/strong> As both economies seek deeper ties, Omani businesses can position themselves as crucial players in the supply chain, particularly in sectors like <strong>food and pharmaceuticals<\/strong>.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prime Minister Keir Starmer praised Britain&#8217;s &#8220;unique bonds&#8221; with India as he and Narendra Modi signed a UK-India trade deal. Starmer called it a &#8220;landmark moment,&#8221; aiming to enhance economic collaboration. The agreement could boost trade by \u00a325.5 billion and create 600,000 jobs.<\/p>\n","protected":false},"author":2,"featured_media":1956,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[114],"tags":[491,492,490],"class_list":["post-1955","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-keir-starmer","tag-narendra-modi","tag-uk-india-trade-deal"],"jetpack_featured_media_url":"https:\/\/omanet.om\/wp-content\/uploads\/2025\/07\/3079876.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/1955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/comments?post=1955"}],"version-history":[{"count":1,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/1955\/revisions"}],"predecessor-version":[{"id":1957,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/1955\/revisions\/1957"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media\/1956"}],"wp:attachment":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media?parent=1955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/categories?post=1955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/tags?post=1955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}