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Commerce Secretary Rajesh Agrawal on Monday met UK Permanent Secretary Amanda Brooks on India-UK Comprehensive Economic and Trade Agreement implementation.
He said in a post on X that they took stock of progress and worked though the sticking points.
“Engaged in extensive discussions with UK Permanent Secretary Ms. Amanda Brooks on India-UK CETA implementation. Took stock of progress and worked though the sticking points, while exploring new pathways under India-UK CETA Global Trade Economic Partnership aligned with Viksit Bharat. Reaffirmed commitment to regular engagement with UK Government’s Scotland Office for effective implementation,” he said.
UK Business and Trade Secretary Peter Kyle is in Delhi for progress in the trade relationship with India.
According to a statement from the Government of the UK, the Business and Trade Secretary will meet India’s Commerce Minister Piyush Goyal in New Delhi to advance the trade relationship. The two officials are scheduled to discuss bringing the bilateral Free Trade Agreement (FTA) into force as quickly as possible.
Once implemented, the FTA is set to liberalize 99 per cent of UK tariffs and 90 per cent of Indian tariffs, aiming to make exports and trade between the two markets cheaper, quicker, and easier. During his visit, the Trade Secretary will also meet with Indian and British industry leaders to help businesses prepare for the upcoming deal.
“The UK-India FTA is the biggest and most economically significant bilateral trade deal the UK has agreed since leaving the European Union. It covers 30 chapters – including standalone chapters on gender, innovation, environment, and labour – making it one of the most comprehensive trade deals that India has ever signed,” the UK government said in a statement.
-TIN Bureau
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