India-UK trade deal kicks in: PM Narendra Modi says boost for farmers & MSMEs
The India-UK Comprehensive Economic and Trade Agreement (CETA) took effect, allowing 99% of Indian goods and 90% of UK goods to enter each other's markets duty-free or at reduced tariffs. Prime Minister Narendra Modi called the launch a 'significant moment' for bilateral relations, while British High Commissioner Lindy Cameron termed it the 'new gold standard of trade deals.' The accompanying Agreement on Social Security will exempt Indian professionals on temporary assignments in the UK from dual social security contributions, lowering costs for both employees and employers.