India, UK explore new steps to boost trade, investment under CETA pact

India and the UK on Friday discussed ways to boost two-way commerce and investments and leverage opportunities under the comprehensive economic and trade agreement signed in July last year. It was discussed during a virtual meeting between Commerce and Industry Minister Piyush Goyal and UK Secretary of State for Business and Trade Peter Kyle. "We explored ways to further enhance our trade and investment ties while fully leveraging the opportunities under the India-UK Comprehensive Economic and Trade Agreement (CETA)," Goyal said in a social media post. India and the UK, on July 24, 2025, signed the Comprehensive Economic and Trade Agreement (CETA), under which 99 per cent of Indian exports will enter the British market at zero duty, while tariffs on British products, such as cars and whisky, will be reduced in India. CETA aims to double the USD 56 billion trade between the two economies by 2030.