Goyal Calls for Doubling India-UK Bilateral Trade by 2030, Identifies Five Priority Areas
- India and the United Kingdom aim to double bilateral trade by 2030, supported by their Comprehensive Economic and Trade Agreement .
- Indian Commerce Minister Piyush Goyal and UK Business Secretary Jonathan Reynolds co-chaired the 16th India–UK Joint Economic and Trade Committee meeting after the agreement took effect.
- The United Kingdom announced more than £1 billion in new commercial deals, including Meta for Data Technologies’ £50 million artificial-intelligence research investment and Menzies Aviation’s planned expansion in India.
12 Articles
12 Articles
UK announces £1 billion in new commercial deals with India
The two sides also agreed to exchange data annually on the use of CETA, which came into effect on July 15. The data will cover businesses' claims for lower tariffs and feedback on implementation, beginning a year after the pact comes into force. "Communities across the UK and India are set to benefit from over £1 billion in new deals.
Goyal calls for doubling India-UK bilateral trade by 2030, identifies five priority areas
Addressing the JETCO Business Plenary under the 16th Session of the India-UK Joint Economic and Trade Committee (JETCO), the minister said India and the UK need to translate the agreement’s potential into tangible gains for businesses.
UK Trade Mission in India: Announces £1bn worth deal in AI, agriculture, education & manufacturing; Spurs job creation
NEW DELHI: A major UK trade mission to India has announced more than Great British Pound(GBP) 1 billion in new commercial deals, including a GBP 50 million investment in Artificial Intelligence research. The deal also includes an expansion of aviation services by Menzies Aviation, as both countries seek to strengthen trade and investment ties following the implementation of the landmark free trade agreement. According to a release issued by the …
India-UK FTA to deliver immediate benefits, strengthen trade ties over time: UK Minister Reynolds - The Tribune
“It’s a privilege to be here in India, but particularly special to me having been part of the deal being done in our 100 days into implementation to bring what is one of the biggest ever UK trade delegations to any partner country,” Reynolds told ANI.
From Pharma to Scotch Whisky, UK Has “huge” Export Potential in India: Commerce Minister Piyush Goyal
Get latest articles and stories on Business at LatestLY. Union Commerce and Industry Minister Piyush Goyal on Monday said the United Kingdom has “huge” export potential in India, with opportunities for British exports ranging from pharmaceuticals, petroleum products and electronics to automobiles and Scotch whisky. Highlighting the significant scope to expand bilateral trade and investments in infrastructure, clean energy and technology, he said…
India-UK JETCO meet focuses on FTA gains as British firms announce £1 billion new deals
Union Minister Piyush Goyal and UK Secretary of State for Business & Trade Jonathan Reynolds co-chaired the Joint Economic and Trade Committee meeting (JETCO) on Monday, the first after the implementation of the India-UK Free Trade Agreement, amid announcement of over £1 billion in new commercial deals by the UK.
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