India and the United Kingdom (UK) on Wednesday took a major step toward strengthening their trade and investment partnership, as Commerce and Industry Minister Piyush Goyal and UK Business and Trade Secretary Peter Kyle met in Mumbai to outline a renewed roadmap for bilateral economic cooperation. The meeting focused on operationalising the India–UK Comprehensive Economic and Trade Agreement (CETA) and resetting the Joint Economic and Trade Committee (JETCO) to oversee its implementation. Advertisement

The India-UK CETA, signed in July, wipes out tariffs on 95% of India’s exports to the UK — covering nearly all trade value. Duties on textiles, leather, and processed foods have dropped from up to 70% to zero, while Indian farm goods like rice, fruits, and spices now enjoy duty-free access

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