Rolls-Royce says India-UK Comprehensive Economic and Trade Agreement will positively impact both its civil aviation and defence businesses in India
If CBAM adversely impacts Indian exports covered by the deal, the government will act to ensure that the agreed market access terms are not diluted
The CETA will allow duty-free access to 95 per cent of India's agriculture exports to the UK, which accounts for a bit over five per cent of the goods exported to the UK
Despite the anticipated India-UK trade deal, Indian equity markets remained subdued, with a broad selloff overshadowing sector-specific optimism
India, UK sign FTA: Automotive tariffs to be halved over 10 years; luxury brands and domestic OEMs alike stand to benefit as India deepens global trade ties
It's a win win for both sides with a balanced outcome after a very long and hard negotiation, says Mittal
Comprehensive trade deal signed, allowing duty-free entry to 99% of Indian exports
India secures duty-free access for most agricultural products in the UK market, while protecting dairy, edible oils, and apples from tariff concessions in the India-UK FTA
India and the UK agree on joint efforts to tackle corruption, economic crime, and illegal migration, while exploring new opportunities for trade and defence collaboration
The India-UK free trade agreement is expected to significantly boost India's textile and footwear exports, unlocking Rs 7,000 crore in additional business and accelerating growth in the sector
India and the UK have signed a landmark Free Trade Agreement aiming to boost bilateral trade by nearly $34 billion annually, slash tariffs, and create thousands of jobs in both countries
The Comprehensive Economic and Trade Agreement (CETA) between India and the UK aims to double trade volume to over $100 billion by 2030
The India-UK FTA cuts tariffs, expands market access, and introduces mutual regulatory easing; Vision 2035 roadmap was also unveiled during PM Modi's UK visit
The Free Trade Agreement is being described as India's most comprehensive trade pact ever and the UK's most significant since Brexit
India and the UK are likely to sign a long-awaited free trade deal during PM Modi's visit to London on July 24, aiming to boost trade, cut tariffs, and deepen economic ties
Prime Minister Narendra Modi's July visit to the UK will focus on increasing bilateral trade and signing the India-UK Free Trade Agreement. He will also visit the Maldives on his return
India and UK are expected to sign FTA next week; pact expected to cut tariffs, boost exports, and benefit sectors like textiles, whisky, while easing social security rules for Indian professionals
Prime Minister Narendra Modi is likely to travel to the United Kingdom by the end of this month for a visit that could see both sides formally ink the landmark India-UK free trade deal and explore ways to expand bilateral ties in defence and security sphere, diplomatic sources said on Tuesday. Both sides are in the process of finalising the dates for PM Modi's visit to the UK by the end of July or the first part of August, they said. Earlier, there were indications that British PM Keir Starmer will visit India first. It is learnt that the British prime minister may visit India later this year. India and the UK are expected to formally sign the free trade deal during PM Modi's visit to London, the sources said. In May, India and the UK sealed the free trade agreement that is expected to benefit 99 per cent of Indian exports from tariffs and will make it easier for British firms to export whisky, cars and other products to India, besides boosting the overall trade basket. Along with
The UK's Trade Remedies Authority (TRA) has published its initial findings that a countervailing or anti-subsidy measure on the imports of polyethylene terephthalate (PET) from India be maintained for a further five years. The proposal, published in a Statement of Essential Facts' this week, follows a review initiated in July last year which concluded that subsidised imports of PET are likely to recur if the measure was no longer applied and that injury to UK industry would also be likely to recur. The TRA also found that maintaining the measure is in the economic interest of the UK, a statement notes. Countervailing or anti-subsidy measures are the UK's one of three trade policy tools to counter imports which are causing or threatening injury to domestic industry, the other two being anti-dumping and safeguard measures. Countervailing or counteracting measures address imported goods which are being subsidised by foreign governments. The TRA found that while Indian imports of PET
India's duty concession offer for the auto sector under the free trade agreement (FTA) with the UK is "very nuanced" with relaxations and quotas linked to engine capacity and vehicle prices, an official said. India has included adequate safeguards in the agreement with the UK to protect its sensitive sectors and in the automobile segment, the import duty will be reduced over 10-15 years, the official said. "The duty cut and quota depends on engine capacity and price of vehicles. A lot of nuances are there in the auto sector. India's offer to the UK is very nuanced," the official added. India and the UK, on May 6, announced the conclusion of negotiations for the trade pact that will lower tariffs on 99 per cent of Indian exports and would make it easier for British firms to export whisky, cars and other products to India, besides boosting the overall trade basket. The aim is to double the two-way commerce by 2030 from the present USD 60 billion. Tariffs on automotive imports will b