Overview
- Commerce Minister Piyush Goyal and UK Trade Secretary Peter Kyle agreed to reposition the Joint Economic and Trade Committee to oversee CETA implementation.
- The ministers reaffirmed a target to double bilateral trade to about $112 billion by 2030 from an estimated $56 billion today.
- Talks prioritized regulatory cooperation, tackling non-tariff barriers, and strengthening supply-chain integration to turn the pact’s provisions into on-the-ground gains.
- The July pact was reported to eliminate tariffs on roughly 95% of Indian exports to the UK, including textiles, leather, and processed foods.
- UK Prime Minister Keir Starmer urged putting the deal into effect “as soon as humanly possible,” and Peter Kyle called it the UK’s best deal secured with India.