India, UK Sign and Trade Deal
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Leighton JenkinsAssistant Director for PolicyCBI Wales In Newport, a global semiconductor manufacturer is pouring £250m into expanding its
CETA guarantees duty-free access for 99 percent of Indian exports to the UK, covering virtually the entire trade basket — a move expected to boost sectors ranging from textiles and gems to pharmaceuticals and agri-products.
India has signed a landmark trade deal with Britain, signalling a strategic shift to open its markets while protecting vital sectors. The pact sets a template for future deals, marking a key moment in India’s historically protectionist trade approach as it seeks agreements with other major economies.
A trade deal is never just about tariffs; it is about the story a country tells about itself. With the India-UK CETA, this narrative is changing. India is no longer a hesitant participant in global trade.
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Almost 99% of all the exports from India are going to be zero tax,” Chauhan said. “This also tells you that the UK is taking sides with the US against China.”
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