The India-UK Comprehensive Economic and Trade Agreement (CETA) and the concurrent Agreement on Social Security have officially entered into force, establishing a new framework for bilateral commerce.
Union Minister of Commerce and Industry Piyush Goyal announced the development on the social media platform X, noting that the agreement delivers zero-duty market access for nearly 99 per cent of India's exports and covers almost 100 per cent of the total trade value. The deal is expected to expand avenues for multiple domestic industries, including labor-intensive sectors, small businesses, and professional services.
ALSO READ | India-UK FTA comes into effect today, unlocking duty-free access for Indian exports
"Today marks a defining milestone in India-UK ties," Goyal stated. "Under the dynamic leadership of Hon'ble PM @NarendraModi ji, the India-UK Comprehensive Economic and Trade Agreement (CETA) and the Agreement on Social Security, have come into force, delivering zero-duty market access for nearly 99% of India's exports, covering almost 100% of trade value."
