India-UK Trade Meeting
By
Dr. Somita
Chakraborty
The Union Minister
of Commerce and industry, Mr. Goyal and Rt. Honorable Peter Kyle, UK Secretary
of State for Business and Trade held a bilateral meeting in Mumbai to chart a
renewed course for the Indo-UK trade and towards operationalizing the India-UK
Comprehensive Economic and Trade Agreement (CETA). During the meeting both the
Ministers agreed to reposition the Joint Economic and Trade Committee (JETCo)
to oversee its implementation and delivery.
India and UK both
are ambitious to double bilateral trade by 2030. Press Information Bureau (PIB)
reported that ‘Emphasizing the transformative scope of CETA, the Ministers
discussed ways to maximize its benefits through regulatory cooperation,
addressing non-tariff barriers and promoting supply chain integration.’
A series of
sectoral meetings, between leading voices from Indian and UK industry, were
held across priority areas like, Advanced Manufacturing, Consumer Goods, Food
and Drink, Science, Technology and Innovation, Construction, Infrastructure and
Clean Energy and Financial, Professional and Business Services.
For detail
India-UK Trade Ministers Hold Bilateral Meeting in Mumbai
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