Union Commerce and Industry Minister Piyush Goyal has met UK Secretary of State for Business and Trade Peter Kyle in New Delhi to fast-track the implementation of the India-UK Comprehensive Economic and Trade Agreement (CETA). The meeting focuses on resolving pending issues and ensuring the smooth rollout of the landmark free trade pact between the two countries.
The discussions from both sides will review key areas requiring attention, including the UK’s steel safeguard measures and market access concerns. India is also understood to have raised issues related to tariff concessions on certain British products, including Scotch whisky, as both countries work towards addressing outstanding trade matters.
The India-UK CETA is expected to significantly boost bilateral trade by reducing tariffs across multiple sectors. The agreement provides enhanced market access for businesses in both countries and grants duty-free access to 99 percent of Indian exports, including textiles, leather goods, engineering products, and several manufacturing sectors.
Officials from both nations will emphasise the importance of timely implementation of the agreement, which is expected to strengthen economic ties, increase investments, create new business opportunities, and further deepen the strategic partnership between India and the United Kingdom.
