Comprehensive Economic and Trade Agreement (CETA)
A Comprehensive Economic and Trade Agreement is a broad trade pact that goes beyond the reduction of tariffs on goods to include provisions on services, investment, intellectual property, government procurement, customs procedures, and dispute resolution. Unlike a basic Free Trade Agreement (FTA), a CETA typically commits both parties to deeper regulatory convergence and mutual recognition.
- India-UK CETA was signed on July 24, 2025, following 15 rounds of negotiations launched in January 2022.
- The agreement is scheduled to be implemented from October 1, 2025, after ratification by the Indian Parliament and the UK House of Commons.
- India's textiles and apparel, previously facing duties of 10–12% in the UK, will receive duty-free access, with projected additional annual exports of USD 1.35 billion in this sector alone.
- Chemical exports from India are expected to rise by 30–40% (approximately USD 650–750 million annually).
● Tracked since May 01, 2026 · last seen July 15, 2026 · updates as the daily brief publishes
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