'Significant moment': PM Modi as India-UK trade deal comes into effect
The India-UK Comprehensive Economic and Trade Agreement (CETA) and Agreement on Social Security came into effect on Wednesday.
Prime Minister Narendra Modi called the enactment a 'significant moment' that will deepen economic cooperation and create opportunities for businesses, workers, and farmers.
CETA provides zero-duty market access for nearly 99% of India's exports, covering almost 100% of the total trade value.
The agreement removes tariffs on sectors including textiles, garments, leather, gems and jewellery, engineering goods, chemicals, electronics, marine products, furniture, and sports goods.
The social security agreement supports Indian professionals working temporarily in the UK and strengthens the competitiveness of Indian enterprises.
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