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

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.

India and the UK have signed a landmark free trade agreement, in what both sides are calling a "historic day" in bilateral ties. The US$6.5-billion deal was officially inked during Indian Prime Minister Narendra Modi's two-day official visit to Britain.

Indian farmers, who constitute nearly 44 per cent of the country's population, are poised to be the biggest winners of the free trade agreement between India and the United Kingdom, signed in London on Thursday.

Under the FTA, 75,000 Indian workers would be exempted from UK social security payments for a period of 3 years. Indians working as chefs, yoga instructors, and musicians, as well as business visitors, would benefit from the exemption.

Commerce Secretary Howard Lutnick confirmed on Sunday that President Trump intends to renegotiate the U.S.-Mexico-Canada Agreement.

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.

India's new trade agreement with the UK marks a significant shift in its government procurement policy, allowing British firms extensive access to contracts. Seen as a move away from domestic industrial focus,