Commerce and Industry Minister Piyush Goyal highlighted the potential benefits of the India-UK Comprehensive Economic and Trade Agreement (CETA). This agreement aims to deepen investments, foster technology partnerships, and strengthen supply chains for businesses in both countries. During his London visit, Goyal engaged with industry leaders to explore opportunities arising from the trade deal.
Goyal met with Nicola Grady-Smith, Chief Transformation Officer at Rolls-Royce, to discuss India’s evolving role in advanced manufacturing and engineering. The focus was on leveraging the India-UK trade agreement to enhance investments, promote technology collaborations, and ensure resilient supply chains that can be advantageous for both nations.
In another meeting, Goyal interacted with Vivek Ramachandran, Head of Global Trade Solutions at HSBC, to assess the potential impact of the CETA on business operations and trade dynamics. The minister emphasized the importance of creating a conducive environment for companies to expand and access new markets through this agreement.
Goyal underscored the critical role of banks and financial institutions in facilitating businesses’ expansion into new markets. He emphasized the significance of robust trade finance mechanisms and improved cross-border banking solutions in driving economic growth and trade relations.
