 "PM Narendra Modi and his UK counterpart Keir Starmer after the trade deal was signed on July 24. Commerce and Industry Minister Piyush Goyal (extreme right) and UK's Secretary of State for Business and Trade Jonathan Reynolds | Photo: Reuters")
The recently signed trade pact with the United Kingdom (UK) will act as a crucial “stepping stone” and a benchmark for the “high-quality” agreements India intends to pursue, Commerce and Industry Minister Piyush Goyal has said. Calling it a “win-win” for both nations, Goyal argued that the deal would also enhance India’s credibility in the global trade arena.
The India-UK Comprehensive Economic and Trade Agreement (CETA), signed on July 24 after three-and-a-half years of negotiations, signals that India is ready to face competition and shed its reputation as a high-tariff economy — a “tariff king”, as the United States (US)
