Economy

Piyush Goyal, UK's Peter Kyle discuss boosting trade under India-UK CETA

Published On Fri, 01 May 2026
Samar Bhattacharya
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Piyush Goyal on Friday held a virtual meeting with Peter Kyle to explore ways to further strengthen trade and investment ties between India and the United Kingdom. The discussion focused on effectively utilizing the opportunities offered by the India–UK Comprehensive Economic and Trade Agreement (CETA).

Sharing details on X, Goyal said both sides discussed measures to deepen economic cooperation and expand engagement across key sectors. He highlighted that the talks aimed at enhancing bilateral trade while ensuring the full potential of CETA is realized. The interaction reflects ongoing efforts by both countries to translate the agreement into tangible outcomes. CETA is designed to improve market access, encourage investments, and strengthen economic linkages between the two economies.

The latest meeting builds on previous high-level engagements, where India and the UK have set ambitious targets to significantly boost bilateral trade. At the India-UK CEO Forum last year, Narendra Modi expressed confidence that trade between the two nations could double from around USD 56 billion well before 2030.

He had described the agreement as more than just a trade deal, calling it a roadmap for shared growth and prosperity. The pact, signed in July last year, allows duty-free access for 99 percent of India’s exports to the UK, covering sectors such as textiles, leather, footwear, engineering goods, chemicals, and marine products. The recent dialogue signals a continued push to strengthen economic cooperation and expand trade opportunities.

Disclaimer: This image is taken from X/@PiyushGoyal.