India and UK Sign Comprehensive Economic and Trade Agreement (CETA)

New Delhi, July 24, 2025 — In a major boost to India’s global trade footprint, India and the United Kingdom have signed the Comprehensive Economic and Trade Agreement (CETA), aimed at doubling bilateral trade and unlocking new economic opportunities. The agreement was signed in the presence of Prime Minister Shri Narendra Modi and UK Prime Minister Sir Keir Starmer, by Commerce Minister Mr. Piyush Goyal and UK Trade Secretary Mr. Jonathan Reynolds.

The agreement grants zero-duty access on 99% of Indian exports, covering nearly the entire trade value. It will benefit labour-intensive sectors such as textiles, leather, footwear, marine products, toys, and gems & jewellery, creating large-scale employment and strengthening MSMEs and women-led enterprises.

CETA also includes ambitious services sector commitments, providing Indian firms greater access in IT/ITeS, finance, legal, education, architecture, and engineering. It enables easier mobility for Indian professionals, including yoga instructors, chefs, architects, and contractual service providers, through simplified visa and entry norms.

A key feature of the agreement is the Double Contribution Convention (DCC), which exempts Indian professionals and their employers from UK social security contributions for up to three years. This will increase take-home pay and reduce operational costs for Indian businesses.

Mr. Piyush Goyal called the agreement a “balanced and forward-looking deal” that supports inclusive growth and strengthens India’s economic integration with the world. With bilateral trade currently at USD 56 billion, CETA is expected to help achieve the joint target of doubling trade by 2030.

Designed to promote sustainability, innovation, and inclusive trade, CETA is set to become a game-changer for MSMEs, startups, farmers, and young entrepreneurs, cementing a stronger and more dynamic India-UK economic partnership.