India and the UK have taken a significant step in their trade relations by agreeing to an annual data exchange on the Comprehensive Economic and Trade Agreement (CETA). This pact, which came into effect on July 15, allows for duty-free access for 99% of Indian goods to the UK and 90% of UK goods to India. The agreement aims to benefit various sectors, including automotive and medical technology, and will help small and medium enterprises leverage the trade opportunities. The next meeting of the Joint Economic and Trade Committee is set for 2027 in the UK, indicating a commitment to deepening economic ties.
This is a summary. For the full story, refer to the original source. Public of India presents verified citizen-relevant reporting.