The United Kingdom and India have finalized a significant trade agreement, marking a pivotal moment in their economic relationship amid escalating global trade tensions. New British PM Keir Starmer attends his first G20 Summit since succeeding Liz Truss in office.

Meanwhile, India has cut taxes on goods imported from the UK, including cosmetics, scotch whisky, gin and soft drinks, higher-value cars, various food items such as lamb, salmon, chocolate and biscuits, medical devices, and aerospace products.

Boris Johnson promised to get a free trade agreement between the UK and India “done by Diwali.” And he was right, sort of. Today, only four Diwalis and two prime ministers later, Keir Starmer’s government has agreed a free trade deal with India,