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Britain and India to sign landmark free trade pact during Modi visit
Britain and India to sign landmark free trade pact during Modi visit

Straits Times

time6 days ago

  • Business
  • Straits Times

Britain and India to sign landmark free trade pact during Modi visit

FILE PHOTO: Britain's Prime Minister Sir Keir Starmer attends a bilateral meeting with India's Prime Minister Narendra Modi on the sidelines of the G20 summit at the Museum of Modern Art in Rio de Janeiro, Brazil. Picture date: Monday November 18, 2024. Stefan Rousseau/Pool via REUTERS/File Photo LONDON/NEW DELHI - Britain and India will sign a landmark free trade agreement on Thursday during a visit by Indian Prime Minister Narendra Modi, sealing a deal to cut tariffs on goods from textiles to whisky and cars and allow more market access for businesses. The two countries concluded talks on the long-coveted free trade pact in May after three years of stop-start negotiations, with both sides hastening efforts to clinch a deal in the shadow of tariff turmoil sparked by U.S. President Donald Trump. The agreement between the world's fifth and sixth largest economies aims to increase bilateral trade by a further 25.5 billion pounds ($34 billion) by 2040. It will take effect after the British parliament and India's federal cabinet approve it, likely within a year. "Our landmark trade deal with India is a major win for Britain. It will create thousands of British jobs across the UK, unlock new opportunities for businesses and drive growth," British Prime Minister Keir Starmer said. The agreement will be signed during Modi's fourth visit to the UK since he took office in 2014. The leaders will also sign a strategic partnership covering areas such as defence and climate, and strengthen co-operation on tackling crime. Under the trade agreement, tariffs on Scotch whisky will drop to 75% from 150% immediately, and then slide to 40% over the next decade, according to the British government. On cars, India will cut duties to 10% from over 100% under a quota system that will be gradually liberalised. In return, Indian manufacturers are expected to gain access to the UK market for electric and hybrid vehicles, also under a quota system, Indian commerce ministry officials said. The ministry has said 99% of Indian exports to Britain would benefit from zero duties under the deal, including textiles, while Britain will see reductions on 90% of its tariff lines. The agreement represents Britain's most significant trade deal since it left the EU in 2020, though the projected boost to British economic output, of 4.8 billion pounds a year by 2040, is small compared to the country's gross domestic product of 2.6 trillion pounds in 2024. The deal will also facilitate easier access for temporary business visitors, though visas are not covered. Britain and India also agreed to ensure workers no longer have to make social security contributions in both India and Britain during temporary postings in the other country. Under the trade deal, British firms will be able to access India's procurement market for projects in sectors such as clean energy, and it also covers services sectors such as insurance. India didn't succeed in its efforts to get an exemption from Britain's Carbon Border Adjustment Mechanism (CBAM) - which could levy higher taxes on polluters from 2027 - as part of the deal. The two sides also haven't concluded talks over a separate bilateral investment treaty, which were held in parallel to trade negotiations but still continue. REUTERS

Tasty guilt free desserts across Dubai and Abu Dhabi
Tasty guilt free desserts across Dubai and Abu Dhabi

What's On

time18-06-2025

  • Health
  • What's On

Tasty guilt free desserts across Dubai and Abu Dhabi

Whether you're cutting back on sugar, going gluten-free, or just want to indulge without the crash, Dubai and Abu Dhabi have a growing list of dessert spots that prove healthy can still taste amazing. Here's where to treat yourself without the guilt with our curated list of tasty guilt free desserts. Cheesecake Factory Low-licious cheesecake with strawberries A guilt-free treat that checks every box; low-carb, no sugar added, and gluten-free. Their indulgent Low Carb Cheesecake is priced at Dhs35.50 without fresh strawberries (Dhs7 less), making it the perfect option for those watching their intake without compromising on taste. Creamy, rich, and satisfying, minus the sugar crash. Location: The Cheesecake Factory, Dubai Mall Operating hours: Mon to Thurs 10am to 12am and Fri to Sun 10am to 1am Contact: (0)4 419 0226, @cheesecakefactoryme Tawa Bakery Choco chunks & sea salt cookies Location: Tawa Bakery, Al Raha Beach, Abu Dhabi Operating hours: Daily, 9am to 11pm Contact: (0)2 556 6900 @tawabakery Angel Cakes Tiramisu crepes cake A dreamy slice of dessert heaven priced at Dhs55, this layered creation features delicate crepes infused with light coffee cream and a luscious touch of salted caramel. It's rich, creamy, and just the right amount of indulgent, perfect for coffee and dessert lovers alike. Carrot with caramel cake A creative twist on the classic carrot cake priced at Dhs55 It's layered with spiced carrot cake, smooth caramel cream, and a salted caramel drizzle, finished with crunchy nuts for added texture. A comforting, nutty, and sweet delight. Location and Operating Hours: Dubai: Dubai Hills Park; daily 8am to 11pm Abu Dhabi: Al Has Mall; Sun to Thurs 10am to 10pm and Fri & Sat 10am to 12am Contact: ( 0)58 506 0433 @ ( 0)58 593 4553 @ So Free Organic Bakery Lazy Cake Whipped, fluffy, and creamy chocolate delight with a satisfying crunch in between priced at Dhs145. Made with 100% organic ingredients, it's gluten-free, dairy-free, vegan, refined sugar-free, goo-free, and lactose-free, with a nut-free option available too. Basically, it's guilt-free indulgence at its best. Brownies Chewy, gooey dream priced at Dhs195 (roughly 16 pieces) and just 140 calories per serving. Made with 100% organic ingredients, they're dairy-free, refined sugar-free, lactose-free, and GMO-free. Indulgent yet guilt-free, they're what we call love at first bite . Location and Operating Hours: Mon to Sat 7pm to 9pm and Sun 7am to 7pm Dubai: Cluster M, JLT Abu Dhabi: Kitchen Park, Al Reem Island Contact: ( 0)56 108 8782, @sofreeorganicbakery Veggie lovers, this one's for you! We've rounded up the most delicious vegetarian dishes across Dubai for you to try (click here) Images: Instagram > Sign up for FREE to get exclusive updates that you are interested in

BJ's to open its first Kentucky location in Louisville Friday. Here are 5 things to know
BJ's to open its first Kentucky location in Louisville Friday. Here are 5 things to know

Yahoo

time30-01-2025

  • Business
  • Yahoo

BJ's to open its first Kentucky location in Louisville Friday. Here are 5 things to know

BJ's Wholesale Club is opening its first location in Kentucky on Friday in south Louisville near the Jefferson Mall. The one-story, 103,100-square-foot store at 4807 Outer Loop includes a fuel center and marks BJ's 250th location. It sits on the site of the former Sears department store anchor of the mall. 'Our growth is the result of delivering unbeatable value and convenience to families for more than 40 years,' said Bill Werner, executive vice president of strategy and development for BJ's Wholesale Club, in a news release. Matt Leitao, the company's vice president of market development, previously told the Courier Journal the Massachusetts-based company believes BJ's is "a great fit for Louisville and a great fit for their hardworking families," citing BJ's 25% off grocery prices policy, which claims "BJ's (is) consistently more than 25% cheaper, on average, in total," than other regional competitors, according to its website. The Courier Journal got a sneak peak at the membership club ahead of its debut. Here's what to know about the BJ's Wholesale Club opening in Louisville: BJ's Wholesale Club, commonly referred to as BJ's, is an American membership-only warehouse club chain based in Marlborough, Massachusetts. It sells fresh foods, produce, full-service deli items, bakery goods, household essentials, home décor, pet supplies, toys, electronics and more. Louisville residents looking to become members of BJ's Wholesale Club can do so through the BJ's website. BJ's has two membership options: The Club Carb and The Club+ Card. For a limited time, local shoppers can sign up for The Club Card Membership at $55 for 1-year membership with BJ's Easy Renewal and get a $40 welcome reward or The Club+ Card Membership at $110 for 1-year membership with BJ's Easy Renewal and get an $80 welcome reward, according to the company. The Club+ Card Membership holders receive 5¢ off per gallon at BJ's Gas and earn 2% back in rewards on most BJ's purchases. Some member perks include: Use of BJ's Gas locations and savings with the BJ's Fuel Saver Program Up to 25% off grocery store prices A 100% money-back guaranteed membership Can combine BJ's coupons with other manufacturers' coupons Curbside pick-up, in-club pick-up, same-day delivery and standard delivery are available on As it opens its first Louisville store, BJ's is partnering with Dare to Care Food Bank by donating unsold produce, meat, dairy and more every week. Additionally, BJ's Charitable Foundation has granted Dare to Care more than $57,000 to support its south Louisville mobile pantry program. 'We're excited to collaborate with BJ's Wholesale Club as a new community partner in Louisville,' Vincent James, president and CEO of Dare to Care Food Bank, said in the release. 'This partnership will help deepen our mission of providing pathways to end hunger in our community.' BJ's Wholesale Club at 4807 Outer Loop in Louisville is open 9 a.m. to 7 p.m. Monday-Saturday and 10 a.m. to 6 p.m Sunday. Reach growth and development reporter Matthew Glowicki at mglowicki@ or 502-582-4000. This article originally appeared on Louisville Courier Journal: BJ's Wholsale Club opens first Kentucky location in Louisville

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