DT
PT
Subscribe To Print Edition About The Tribune Code Of Ethics Download App Careers Advertise with us Classifieds
Gen Z Speak Up !
Grand Independence Day Sale Know More
search-icon-img
search-icon-img
Advertisement

‘Significant moment’: PM Modi hails India-UK trade deal; says it will give fresh momentum to farmers, MSMEs

India-United Kingdom Comprehensive Economic and Trade Agreement comes into force

  • fb
  • twitter
  • whatsapp
  • whatsapp
featured-img featured-img
Photo for representational purpose only. iStock
Advertisement

As the Free Trade Agreement (FTA) between India and the United Kingdom came into force on Wednesday, Prime Minister Narendra Modi shared an article written by Commerce Minister Piyush Goyal on the India-United Kingdom Comprehensive Economic and Trade Agreement (CETA) and the agreement on Social Security, describing it as a “significant milestone” in the India–UK partnership.

Advertisement

PM Modi said that the two agreements would further deepen the economic linkages between India and the United Kingdom and translate the shared ambition of both countries into tangible opportunities for their people.

Advertisement

On his official X handle, PM Modi wrote, “With the coming into force of the Comprehensive Economic and Trade Agreement and the Agreement on Social Security, our economic linkages are going to get even deeper. Together, these agreements translate our shared ambition into tangible opportunities for our people.

Advertisement

“The CETA will give fresh momentum to our farmers, entrepreneurs and MSMEs. Several vibrant sectors will gain stronger access to the UK market. It will also deepen cooperation in technology, professional services and innovation, while supporting greater mobility for skilled Indian talent,” as per the post.

“The social security agreement will provide invaluable support to Indian professionals working temporarily in the UK and strengthen the competitiveness of Indian enterprises,” he wrote in the post.

Advertisement

“This moment reflects the trust between our democracies and our resolve to build a forward-looking partnership driven by trade, technology, investment and innovation. India and the UK will continue working together for shared prosperity,” he added.

PM Modi noted that the CETA would provide fresh momentum to India’s farmers, entrepreneurs and MSMEs by expanding access to the UK market across several vibrant sectors.

He added that the agreement on social security would provide invaluable support to Indian professionals working temporarily in the United Kingdom and enhance the competitiveness of Indian enterprises.

Read what others can’t with The Tribune Premium

Advertisement
Advertisement
Advertisement
Advertisement
tlbr_img1 Classifieds tlbr_img2 Videos tlbr_img3 Premium tlbr_img4 E-Paper tlbr_img5 Shorts