New Delhi, July 14 (IANS) The India-UK Comprehensive Economic and Trade Agreement (CETA) will come into force on Wednesday, paving the way for cheaper British goods in India while granting Indian exporters near-total duty-free access to the UK market.Under the pact, tariffs on a wide range of British products — including Scotch whisky, gin, chocolates, biscuits and cosmetics — will begin declining from July 15. However, duty reductions for several items will be phased in over the coming years….
Latest CETA News & Updates
New Delhi, June 27 (IANS) Union Commerce and Industry Minister Piyush Goyal has urged Indian companies to deepen engagement with their UK counterparts and translate opportunities under the India-UK Comprehensive Economic and Trade Agreement (CETA) into sustained business growth, it was announced on Saturday.Addressing the India-UK: Partners in Progress Business Plenary in London, Goyal said the landmark trade pact offers significant opportunities to strengthen bilateral trade, investment, techno…
New Delhi, June 27 (IANS) A practical business utilisation manual for the India-UK Comprehensive Economic and Trade Agreement (CETA) was launched by Union Minister of Commerce and Industry Piyush Goyal in London to help businesses in both countries maximise the benefits of the landmark trade pact before it comes into force on July 15, it was announced on Saturday.The ‘UK-India CETA Business Utilisation Manual – A Practical Activation Guide for Indian and UK Businesses’ was launched during an e…
London, June 26 (IANS) Commerce and Industry Piyush Goyal on Friday announced the deployment of 1,000 advisory personnel across India and the upgradation of the trade portal to help businesses maximise the benefits of the India-UK free trade agreement, which will come into effect on July 15 and is projected to increase bilateral trade by 25.5 billion pounds annually.Goyal participated in a series of high-level engagements during the 10th Annual UK-India Week here on Friday, highlighting the oppo…
London/New Delhi, June 26 (IANS) Commerce and Industry Minister Piyush Goyal on Friday said that India and the UK remain committed to fostering an ecosystem that promotes innovation, investment, and holistic growth for both nations.In “meaningful discussions” with Secretary of State for Business and Trade, Peter Kyle, Goyal said that the “conversation reflected the warmth, trust and forward-looking vision that continue to define our bilateral partnership”.“With the India-UK Comprehensi…
London, June 19 (IANS) India and UK discussed advancing collaboration in Artificial Intelligence (AI), emerging technologies, research and innovation and leveraging the Comprehensive Economic and Trade Agreement to have new opportunities, foster innovation, and drive shared economic growth. The discussions were held during a meeting between India’s High Commissioner to the UK, P Kumaran, and Permanent Secretary, UK’s Department for Science, Innovation and Technology, Emran Mian, the High Commiss…
New Delhi, June 3 (IANS) The UK- India Business Council on Wednesday welcomed United Kingdom’s Secretary of State for Business and Trade, Peter Kyle’s visit to India and called for accelerated implementation of the India-UK Free Trade Agreement (FTA).Secretary Kyle held discussions with Commerce and Industry Minister Piyush Goyal on bringing the India-UK FTA into force at the earliest, the industry chamber said.”Bilateral trade between the UK and India is already worth £48 billion a year and …
New Delhi, May 1 (IANS) Union Minister of Commerce & Industry Piyush Goyal on Friday informed about a virtual interaction with UK Secretary of State for Business and Trade Peter Kyle to deepen bilateral trade and investment ties.Both leaders explored ways to enhance trade & investment ties, while fully leveraging the India‑UK Comprehensive Economic and Trade Agreement (CETA), the minister said in a social media post.In the previous week, Piyush Goyal had emphasised the importance of a …
New Delhi, Feb 11 (IANS) Prime Minister Narendra Modi on Wednesday met CEO of Rolls-Royce, Tufan Erginbilgic, saying that the government welcomes the luxury automaker’s enthusiasm towards scaling up its activities in India.“It was wonderful meeting Mr. Tufan Erginbilgic, CEO of Rolls-Royce earlier today. We welcome Rolls-Royce’s enthusiasm towards scaling up its activities in India and partnering with our innovative and dynamic youth,” said PM Modi in an X post.Rolls-Royce earlier posted…
New Delhi, Dec 25 (IANS) India stepped up its efforts to forge new economic and trade partnerships this year, amid growing economic uncertainties in global markets, triggered by the US tariff turmoil.Three major free trade agreements signed by India with the UK, New Zealand and Oman — and the ongoing talks with the European Union (EU) — will not only enhance trade but also increase competitiveness, attract quality foreign investment, and provide greater access to high-end technologies and mark…