Agrawal said the agreement is among India’s most comprehensive trade agreements, providing extensive sectoral coverage while reducing tariff and non-tariff barriers. He highlighted that the pact protects India’s sensitive sectors, including dairy and agriculture, while creating expanded market access opportunities for Indian goods and services.
The Commerce Secretary said the agreement extends beyond traditional trade liberalisation by covering key areas such as digital trade, government procurement, innovation, Micro, Small and Medium Enterprises (MSMEs), labour and environment. He added that the framework has been designed to facilitate smoother trade operations while ensuring that regulatory measures do not create unjustified barriers for businesses.
Highlighting the Double Contribution Convention, Agrawal said the arrangement will provide significant benefits to Indian professionals and their employers by exempting eligible workers temporarily assigned to the United Kingdom from paying social security contributions there for the specified period. He further stated that such professionals will be allowed to continue contributing to India’s social security system.
Agrawal said the agreement is expected to generate new opportunities for farmers, MSMEs, seafood exporters and labour-intensive sectors. He added that the government’s next focus will be on ensuring that Indian exporters effectively utilise the preferential market access opportunities available under the India-UK CETA.
The implementation of the agreement marks a significant step towards strengthening economic cooperation between India and the United Kingdom, with the government focusing on maximising trade benefits and expanding opportunities for Indian businesses, professionals and various economic sectors.
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