Sign in Subscribe
Trade agreements

India and UK Sign Comprehensive Economic and Trade Agreement

Strategic Insights

— 1 min read

India and the United Kingdom have signed the Comprehensive Economic and Trade Agreement (CETA), a landmark deal aimed at boosting trade and economic cooperation between the two countries. The agreement, signed during Prime Minister Narendra Modi's visit to the UK, marks a significant milestone in bilateral relations. The deal is expected to bring numerous benefits to both countries, including improved market access, higher wages, and lower tariffs.

Key Takeaways:

  • The CETA is the largest trade deal the UK has made since leaving the European Union, with an estimated annual economic boost of £4.8 billion to the UK economy.
  • The agreement will improve market access for several Indian sectors, including textiles, footwear, gems and jewellery, seafood, engineering goods, agricultural products, and processed foods.
  • The deal is expected to benefit Indian youth, farmers, fishermen, and micro, small and medium enterprises (MSMEs) by providing them with more opportunities and higher earnings.
  • UK Prime Minister Keir Starmer hailed the agreement as a "landmark deal" that will "create thousands of British jobs, unlock new opportunities for businesses, and put money in the pockets of working people."
  • The deal is also expected to lower prices on Indian imports such as clothes, footwear, and food for consumers in the UK.
  • According to Prime Minister Starmer, the agreement will add £2.2 billion to wages and hundreds of millions of pounds to regions and nations up and down the United Kingdom.

Statistics:

  • £4.8 billion: Estimated annual economic boost to the UK economy
  • £4.8 billion: Estimated annual increase in UK wages
  • £2.2 billion: Estimated annual increase in wages for UK workers
  • £100s of millions: Estimated annual increase in regional economies across the UK

Sources:

  • Government of India
  • Government of India (4)
  • Mourdoussiene, Sahar. "India UK CETA Deal Massively Boosts Economy." Contify.com, 2025, distributed by Contify.com.
  • Copyright 2025 Multimedia Investments Ltd.

Read more