Shares Bazaar

India, UK hold discussions to boost trade and investments under CETA

The agreement aims to double the $56 billion trade between the two economies by 2030

India and the United Kingdom (UK) have held discussions to enhance bilateral trade and investments and leverage opportunities under the comprehensive economic and trade agreement (CETA) signed in July last year.  

The discussion took place between Commerce and Industry Minister Piyush Goyal and UK Secretary of State for Business and Trade Peter Kyle. Goyal stated ‘We explored ways to further enhance our trade and investment ties while fully leveraging the opportunities under the India-UK Comprehensive Economic and Trade Agreement.’

On July 24, 2025, India and the UK signed the Comprehensive Economic and Trade Agreement, allowing 99% of Indian exports to enter the UK duty-free, while tariffs on British products, such as cars and whisky, will be reduced in India. The agreement aims to double the $56 billion trade between the two economies by 2030.