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UK-India trade deal to start in July after reassurance on steel
The pact will cut tariffs on 99% of tariff lines and protect Indian steel exports through quota and use-scheme safeguards, officials said.
- On Wednesday, Prime Minister Narendra Modi and Prime Minister Keir Starmer announced the India-UK Comprehensive Economic and Trade Agreement will take effect July 15, 2026, during the G7 summit in Evian, France.
- Signed in July 2025, the pact aims to boost bilateral trade by $25.5 billion annually, supporting the 2030 goal of elevating ties to a Comprehensive Strategic Partnership worth $100 billion.
- The United Kingdom offers 99.1 per cent of tariff lines with 100 per cent trade value, while 90.2 per cent of India's exports to the UK become duty-free immediately upon enforcement.
- Commerce and Industry Minister Piyush Goyal noted the Double Contribution Convention also becomes operational July 15, unlocking new opportunities for Indian farmers, workers, and MSMEs to compete globally without disadvantage.
- Supporting India's 'Viksit Bharat 2047' vision, the agreement establishes a new paradigm for next-generation trade pacts, reflecting Prime Minister Modi's multi-alignment approach with Canada, the United Kingdom, and the European Union.
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38 Articles
"Historic milestone for India-UK ties": PM Modi hails trade pact taking effect from July 15
"A historic milestone for India-UK relations. Delighted to note that the India-UK Comprehensive Economic and Trade Agreement will enter into force on 15th July 2026," PM Modi said in a post on X.
·India
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India-UK free trade pact takes effect on July 15: Why it could be a game-changer for India
'In a major stride for India's global economic engagement, India and the United Kingdom today announced that the CETA will enter into force on 15th July 2026,' the ministry said in a statement.
·India
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Coverage Details
Total News Sources38
Leaning Left2Leaning Right7Center6Last UpdatedBias Distribution47% Right
Bias Distribution
- 47% of the sources lean Right
47% Right
13%
C 40%
R 47%
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