The India-UK Comprehensive Economic and Trade Agreement came into force on Wednesday
GS2Polity · Governance · IR· India's bilateral relations· Prelims + Mains·
Why in news
The India-UK Comprehensive Economic and Trade Agreement (CETA) came into force, providing zero-duty access for 99% of Indian exports to the UK.
Background
The agreement provides zero-duty access to nearly 99% of Indian exports to the UK, specifically benefiting textiles and pharmaceuticals. It covers 137 service sub-sectors and aims to double bilateral trade to approximately $120 billion by 2030.
Facts for Prelims
- FactThe India-UK CETA provides zero-duty access to nearly 99% of Indian exports.
- FactThe agreement covers 137 service sub-sectors including IT and professional services.
- FactTarget bilateral trade volume is projected to reach $120 billion by 2030.
For Mains
Q. Examine how the India-UK Comprehensive Economic and Trade Agreement can serve as a catalyst for India's 'Make in India' initiative and its goal of becoming a global manufacturing hub.
Dimensions to cover in your answer
- Sectoral advantage: Preferential access for labor-intensive textiles and pharmaceuticals tostrengthen India's manufacturing export share.
- Service integration: Expansion of Indian IT and professional services into the UK market via 137 sub-sector inclusions.
Keywords: Trade Liberalization · Preferential Market Access · Bilateral Trade Dynamics · Manufacturing Export · Service Sector Integration
More International Relations notes
- India Delays Passport Surrender, Shows Tough Deportations on Sri Lankan Refugees · 22 July 2026
- On Wednesday, the US launched its 11th night of strikes on Iran · 22 July 2026
- Chinese Admiral Thanks India for Rescuing 12 Crew Members from Burning Ship · 22 July 2026
- Iran Hides Thousands of Nuclear Centrifuges 300 Feet Underground, Angers US · 22 July 2026
- Iran attacked a tanker in the Strait of Hormuz, forcing its crew · 21 July 2026
- US service members killed in Iranian missile strikes on Jordan air base · 21 July 2026
Something wrong, or something missing?
Spotted a mistake in a note, or want a topic, format or PDF that would help your preparation? Write to us. We read every mail and fix errors fast.
This note is generated automatically from SatyaDheesh's news feed and mapped to the UPSC CSE syllabus. Check facts against the original report or PIB before using them in an answer.