The Economic Times

Decoding the India-UK CETA: Check what's changing in terms of tariffs, import duty & more

The India-UK trade agreement, effective July 15, offers Indian exports significant market share growth. This historic deal removes tariffs on many Indian goods entering the United Kingdom. British products like chocolate and auto parts will see reduced import duties in India. Indian companies can now bid on non-sensitive government procurement contracts in the UK. The agreement addresses trade barriers, benefiting sectors like steel and marine products.