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India and UK Set Roadmap to Implement CETA, Target Doubling Trade by 2030

Ministers tasked JETCO with driving delivery to translate the deal into results through regulatory fixes, sector dialogues, industry input.

Overview

  • In Mumbai, Piyush Goyal and Peter Kyle mapped a results-focused rollout for the IndiaUK Comprehensive Economic and Trade Agreement.
  • They agreed to reposition the Joint Economic and Trade Committee to manage implementation and track progress.
  • The ministers reaffirmed a goal to double bilateral trade by 2030, with current volumes reported at about $56 billion, as the UK prime minister pushed for swift execution.
  • Talks prioritized regulatory cooperation, removal of non-tariff barriers, and stronger supply-chain links across advanced manufacturing, digital trade, clean energy and services.
  • Sectoral roundtables and the IndiaUK CEO Forum fed into the plan, and reporting notes the pact removes tariffs on roughly 95% of India’s exports to the UK, including textiles, leather and processed foods.