India and Britain launch comprehensive trade pact
The India-Britain Comprehensive Economic and Trade Agreement (CETA) and the Agreement on Social Security (DCC) enter into force on July 15, activating a broad economic architecture aimed at doubling bilateral trade from $56 billion to $112 billion by 2030. The deal provides duty-free access for 99% of India's exports and establishes enforceable governance norms across digital trade, intellectual property and services, while the Britain-India Technology Security Initiative (TSI) and Vision 2035 commit both countries to co-develop AI, quantum, semiconductors and other advanced technologies. The pact also covers defense R&D, clean energy cooperation, and major agricultural tariff cuts, and served as a template for a later India-EU FTA.
CETA enters into force and targets $112 billion bilateral trade by 2030
Context
CETA was signed on July 24, 2025 and now formally enters into force on July 15. Six months after signing, India used the CETA template to conclude an India-EU free trade agreement in January 2026. The next steps are to build rules…
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