July 24 (UPI) -- Britain and India agreed to a free trade agreement between their two nations Thursday.

Commerce Secretary Sunil Barthwal says for strategically important products, especially those where domestic capacity is being built under Make in India, PLI, concessions in FTA are provided over periods of five,

The U.S. and China have reached an agreement — again — to deescalate trade tensions. China is making it easier for U.S. companies crucial magnets and rare earths materials.

Britain's Prime Minister Keir Starmer and Indian Prime Minister Narendra Modi have sealed a major trade agreement that will reduce tariffs on products like Scotch whisky and Indian spices. This is a photo gallery curated by AP photo editors.

Australia should accept compromises to reach a trade deal with the European Union and demonstrate that such agreements can still be reached in a more protectionist world, Trade Minister Don Farrell said on Friday.

India's trade deal with Britain is a sign of New Delhi's new gradual shift to opening up its markets while shielding crucial sectors from competition and could be its template for future agreements, government officials and analysts said on Friday.

Indian Prime Minister Narendra Modi arrived in London on Wednesday evening ahead of meetings with UK Prime Minister Keir Starmer.

India-UK Free Trade Agreement ushers in a new era of collaboration, opening doors for smoother trade, reduced tariffs, and global cooperation.

Taoiseach Micheál Martin has said he hopes a framework trade agreement between the European Union and the United States can be "signed off before the weekend is over".

This agreement will especially benefit Indian youth, farmers, fishermen and MSME sector, said Prime Minister Narendra Modi