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PM Modi Concludes 'Landmark' UK Visit, Departs for Maldives - The Statesman

GREATER LONDON, ENGLAND, JUL 25 – The India-UK Comprehensive Economic and Trade Agreement aims to boost trade, investment, and job creation, with businesses set to benefit from clearer market access, officials said.

  • On Thursday at Chequers, Union Minister Piyush Goyal and UK Secretary Jonathan Reynolds signed the India-UK Comprehensive Economic and Trade Agreement before Prime Minister Narendra Modi and Prime Minister Keir Starmer.
  • Earlier this week, the India-U.K. CETA, signed during Prime Minister Narendra Modi's visit, highlights expanding bilateral trade and investment ties.
  • Data show it secures duty-free access for 99% of India’s exports to the UK, Goyal said, and the pact aims to double bilateral trade to USD 112 billion by 2030.
  • Beyond tariff cuts, Piyush Goyal noted that simplified visa rules and a Double Contribution Convention will ease movement for Indian professionals, facilitating bilateral growth.
  • Implementation is set to begin, Piyush Goyal said, adding that the pact will take a few months to implement, giving businesses certainty of upcoming changes.
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newsriveting.com broke the news in on Thursday, July 24, 2025.
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