"Loads More Ahead": UK Hails Landmark FTA Deal Amid Diwali Joy
The British High Commission celebrates Diwali by highlighting the landmark India-UK Free Trade Agreement and the future of bilateral ties.
The British High Commission in India has turned this year's Diwali celebrations into a celebration of economic diplomacy, highlighting the landmark India-UK Free Trade Agreement (FTA) as a cornerstone of a modernizing partnership. Expressing immense optimism, the High Commission noted that while the agreement is a massive win, there is still "loads more ahead" for the two nations.
A Festive Milestone for Trade
Taking to X (formerly Twitter), the British High Commission shared its festive greetings, noting that the "Diwali smiles are extra bright" this year. The joy of the Festival of Lights was amplified by the delivery of the trade agreement, which the Commission described as a pivotal moment for the UK-India relationship.
The celebrations follow the implementation of the India-UK Comprehensive Economic and Trade Agreement (CETA) in July. This agreement is designed to deepen economic integration by focusing on three key pillars: trade liberalisation, enhanced market access, and significant tariff concessions.
What the FTA Means for India
The agreement brings transformative benefits for Indian exporters and businesses. Key highlights include:
- Zero-Duty Access: India will now enjoy zero-duty access on nearly 99 per cent of its exports to the UK, covering almost 100 per cent of the total trade value.
- Boosted Competitiveness: The deal is expected to make Indian exports more competitive in the British market and attract higher levels of foreign investment.
- Service Sector Gains: The UK has offered India some of its most ambitious service commitments ever included in a Free Trade Agreement, opening new doors for Indian service providers.
Global Diplomatic Missions Join the Festivities
The British High Commission wasn't alone in embracing the spirit of Diwali. Several other foreign missions in New Delhi marked the occasion to strengthen cultural and diplomatic bonds with India.
Japan's Celebration of Light
Japan's Ambassador to India, Ono Keiichi, celebrated his third Diwali in the country. Sharing a video of the festivities at the Embassy of Japan, the Ambassador showcased a vibrant scene featuring traditional diyas, colourful rangoli, and marigold decorations, with staff members dressed in traditional Indian attire.
France's Playful Tribute
The French Embassy also joined the celebrations with a light-hearted 93-second video. The clip featured embassy staff and French Ambassador Thierry Mathou. After a playful sequence of whispers and email checks, the video transitioned to the ceremonial lighting of a brass diya. Ambassador Mathou described Diwali as a celebration of "life, hope and new beginnings," emphasizing the strengthening friendship between France and India.
The Spirit of Diwali
The festivities, which began with Dhanteras on November 6 and Choti Diwali on November 7, culminate in the main Lakshmi Puja on November 8. The five-day celebration continues with Govardhan Puja on November 9 and concludes with Bhai Dooj on November 10. Traditionally, the festival is marked by prayers to Goddess Lakshmi and Lord Ganesha, the lighting of lamps, and the exchange of sweets.