In a notable diplomatic achievement, outgoing British Prime Minister Keir Starmer successfully concluded the India-UK Free Trade Agreement (FTA) prior to announcing his resignation. This milestone was reached during discussions with Indian Prime Minister Narendra Modi at the G7 Summit in 2026, where both leaders agreed on July 15 as the commencement date for what is formally known as the India-UK Comprehensive Economic and Trade Agreement (CETA). The pact is poised to significantly bolster the trade relationship between the two nations, which currently stands at an annual valuation of approximately £48 billion.
Starmer has been a staunch advocate for deeper ties with India, making the trade agreement a central goal of his administration. He emphasized the prospects for economic expansion, pointing to India’s burgeoning influence on the global economic stage and the advantages that would arise from more streamlined and cost-effective trade between the UK and India. Since assuming leadership of the Labour Party after its electoral defeat in 2019, Starmer has actively sought to strengthen connections with the British Indian community and foster a robust partnership with India. Under his stewardship, Labour pledged to enhance collaboration with India across various sectors, including trade, security, education, technology, and climate change initiatives.
Before venturing into politics, Starmer had an illustrious career in law, serving notably as the Director of Public Prosecutions. He ascended to the role of Prime Minister following the Labour Party’s overwhelming victory in the 2024 elections. Despite initial achievements in economic stabilization and domestic reform, mounting policy challenges and political hurdles eventually eroded his standing within the party.
In a heartfelt resignation address, Starmer acknowledged the diminishing support from his parliamentary colleagues, who no longer viewed him as the suitable leader to guide Labour into the forthcoming general election. He expressed his acceptance of their judgment with respect and gratitude, thus closing a significant chapter in the annals of British political history.