New Delhi, July 25 (IANS) The India-UK free trade agreement (FTA) can help bilateral trade trajectory expand from $58 billion in 2025-26 to $115 billion by 2030, along with the possible creation of 7-10 lakh new employment opportunities, according to a new Assocham study.The India-UK FTA, which is now in force since July 15, 2026, is expected to expand business horizons via increased market access and create new employment opportunities for the young population, said the study by Assocham Global…
Latest CETA News & Updates
Manila, July 23 (IANS) External Affairs Minister (EAM) S. Jaishankar met new UK Foreign Secretary Ed Miliband in Manila on Thursday, where the two leaders discussed deepening bilateral ties following the implementation of the India-UK Free Trade Agreement (FTA). Both sides also reaffirmed their shared commitment to strengthen the Comprehensive Strategic Partnership between the two countries.Sharing the details of the meeting, EAM Jaishankar took to X and posted: “First meeting with Foreign Sec…
New Delhi, July 15 (IANS) The India–UK Comprehensive Economic and Trade Agreement (CETA), which came into effect on Wednesday, is expected to significantly boost exports, manufacturing and bilateral trade across key sectors, with industry experts, government officials and exporters saying the pact will create new opportunities for Indian businesses and strengthen the country’s global trade footprint.Speaking to IANS, Director General of Foreign Trade (DGFT) Anupam Kumar said the agreement, whi…
New Delhi, July 15 (IANS) Export consignments worth over $140 million were dispatched on the first day of the landmark India–United Kingdom Comprehensive Economic and Trade Agreement (CETA) coming into force on Wednesday.A formal inauguration event to mark the entry into force of CETA was held at Vanijya Bhawan here. The function was attended by British High Commissioner to India Lindy Cameron, Commerce Secretary Rajesh Agrawal, Director General of Foreign Trade, representatives of Industry Ex…
New Delhi, July 15 (IANS) The India–UK Comprehensive Economic and Trade Agreement (CETA) is one of the most comprehensive and aspirational trade agreements signed by India, bringing together two large and complementary economies while promising significant gains for labour-intensive sectors and agriculture, Commerce Secretary Rajesh Agarwal said on Wednesday.Speaking to IANS here, Agarwal said the agreement is expected to deliver significant benefits to labour-intensive industries and the agri…
New Delhi, July 15 (IANS) The India-United Kingdom Comprehensive Economic and Trade Agreement (CETA) came into force on Wednesday, with officials and industry representatives hailing the pact as a major milestone that is expected to deepen economic ties, expand bilateral trade and create new opportunities for businesses in both countries.Speaking to IANS on the sidelines of a flag-off ceremony for the first export consignment was held at Sanand near Ahmedabad, Deputy British High Commissioner St…
New Delhi, July 15 (IANS) The India-UK Comprehensive Economic and Trade Agreement (CETA), which came into effect on Wednesday, will open up new opportunities for Indian exporters, deepen technology partnerships and enhance the country’s global competitiveness, leading industry chambers said on Wednesday.Marking the implementation of the trade pact, PHDCCI released a research report titled ‘India–UK CETA: A Strategic Guide to Export Opportunities and Market Access’, providing an assessment of t…
New Delhi, July 15 (IANS) The landmark India-UK Comprehensive Economic and Trade Agreement (CETA), which has come into effect from Wednesday, grants zero-duty access on nearly 99 per cent of India’s exports, covering almost 100 per cent of the trade value, which will strengthen the country’s export competitiveness, according to a government factsheet.India will benefit from one of the most ambitious services commitments ever offered by the UK under a Free Trade Agreement.The agreement seeks to…
Mumbai, July 15 (IANS) The India–United Kingdom Comprehensive Economic and Trade Agreement (CETA), which came into effect on Wednesday, is expected to provide a major boost to India’s exports, employment and services sector by offering near-complete tariff-free access to the UK market, World Trade Centre (WTC) Mumbai Chairman Vijay Kalantri said on Wednesday.Welcoming the implementation of the agreement, Kalantri said nearly 99.5 per cent of the value of India’s exports to the UK would now enj…
New Delhi, July 15 (IANS) The Federation of Indian Chambers of Commerce and Industry (FICCI) on Wednesday welcomed the operationalisation of the India-UK Free Trade Agreement (FTA), saying the landmark pact will open new opportunities for Indian industry, enhance competitiveness and deepen the country’s integration with global value chains.Congratulating Prime Minister Narendra Modi on the agreement coming into force, FICCI Secretary General Anant Swarup said the India-UK Comprehensive Economic …