Vice President C P Radhakrishnan today said that the implementation of the India-UK Comprehensive Economic and Trade Agreement (CETA) and the Agreement on Social Security marks a significant milestone in the enduring partnership between India and the United Kingdom. Extending his greetings in a social media post, the Vice President emphasized that these agreements will significantly expand market access, strengthen trade and services, and facilitate greater mobility for professionals. He also said that it will create new opportunities for businesses, entrepreneurs, farmers, manufacturers, MSMEs, and skilled workforce in the country. He added that it will further unlock immense potential for sectors such as textiles, leather, gems and jewellery, engineering goods, marine products, chemicals, and processed foods.
The Vice President also expressed confidence that this new chapter in the India-UK relations will contribute to shared prosperity, innovation, and sustainable economic growth, while further deepening the bonds of friendship between the two nations.
Home Minister Amit Shah hailed the India-UK Free Trade Agreement that comes into force today. In a social media post, he said that the treaty is set to unlock untapped potential across labour-intensive industries, offering zero-duty market access for 99 percent of Indian exports, including those in textiles, leather, engineering, food processing, pharmaceuticals and MSME. He described the agreement as a testament to the vision of pro-people diplomacy that the government upholds. Mr Shah stated that the treaty will also extend significant exemptions to Indian professionals in the UK while strengthening the ties between the two nations.