Particle.news

Download on the App Store

UK and India Fast-Track CETA as Starmer’s Trade Mission Yields Tech, Defence and Investment Pledges

Leaders set an early-ratification push with a JETCO reset to convert high-profile pledges into deliverable projects.

Overview

  • Both sides issued a joint statement committing to early ratification of the July trade pact and a reset of the Joint Economic and Trade Committee to guide implementation.
  • Keir Starmer said UK companies confirmed £3.6 billion of investments across AI, fintech and technology, linked to more than 10,000 jobs in Britain.
  • India announced 64 investment projects worth about £1.3 billion into the UK, which are expected to create nearly 7,000 jobs.
  • Defence cooperation advanced through a £350 million contract for UK-made lightweight missiles for India, expected to support around 700 jobs in Northern Ireland, alongside ongoing naval exercises and maritime initiatives.
  • New collaboration spans a joint AI centre, a climate tech start-up fund, a critical minerals industry guild and plans for nine UK university campuses in India, with CETA targeting a near-doubling of trade by 2030 subject to UK parliamentary approval.