In a major step towards boosting economic ties, India and the United Kingdom on Thursday signed the Terms of Reference to reposition the Joint Economic and Trade Committee (JETCO).

The move is aimed at the establishment of a solid framework for the trade rapport and to hasten the implementation of the India-UK Comprehensive Economic and Trade Agreement (CETA), which was signed in July 2025.

CETA provides unprecedented duty-free access to 99 per cent of India’s exports to the UK, covering nearly 100 per cent of the trade value. This includes labour-intensive sectors such as textiles, leather, marine products, gems and jewellery, and toys, as well as high-growth sectors like engineering goods, chemicals, and auto components.

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