The unfinished business of the India-U.K. trade deal | Explained
Comprehensive Economic and Trade Agreement (CETA) came into force on July 15, 2026, cutting tariffs on 99% of Indian exports and loosening some mobility rules for professionals. But, as even Commerce Minister Piyush Goyal has said in the past, problematic issues have been left out of the deal, leaving the trade deal to include only those where there was agreement. India-U.K. trade deal explained | What gets cheaper, who stands to gain?The deals with EFTA and New Zealand include a commitment from both parties to facilitate set amounts of investments into India.
- ▪Comprehensive Economic and Trade Agreement (CETA) came into force on July 15, 2026, cutting tariffs on 99% of Indian exports and loosening some mobility rules for professionals.
- ▪But, as even Commerce Minister Piyush Goyal has said in the past, problematic issues have been left out of the deal, leaving the trade deal to include only those where there was agreement.
- ▪India-U.K. trade deal explained | What gets cheaper, who stands to gain?The deals with EFTA and New Zealand include a commitment from both parties to facilitate set amounts of investments into India.
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The story so far: The India-U.K. Comprehensive Economic and Trade Agreement (CETA) came into force on July 15, 2026, cutting tariffs on 99% of Indian exports and loosening some mobility rules for professionals. But, as even Commerce Minister Piyush Goyal has said in the past, problematic issues have been left out of the deal, leaving the trade deal to include only those where there was agreement. There are three such key issues that remain unaddressed.Why is investment missing from the deal?Although the title CETA includes the word ‘economic’, it is missing a dedicated section on investments, which does appear in other deals that India has negotiated, such as those with the European Free Trade Association (EFTA) and New Zealand. India-U.K.
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