India–UK CETA: Unlocking Global Growth for Indian Startups

India and the United Kingdom signed the Comprehensive Economic and Trade Agreement (CETA) on July , 2025, after over three years of negotiations. The agreement aims to significantly boost bilateral trade and investment, with a target to double the current trade volume to $120 billion by 2030.

India–UK CETA: Unlocking Global Growth for Indian Startups
India–UK CETA: Unlocking Global Growth for Indian Startups

Introduction

In a major stride toward enhancing global trade ties, India and the United Kingdom have officially signed the Comprehensive Economic and Trade Agreement (CETA) — a landmark bilateral Free Trade Agreement (FTA) that redefines economic collaboration between the two nations. The agreement was signed by India’s Commerce and Industry Minister Shri Piyush Goyal and the UK’s Secretary of State for Business and Trade Mr. Jonathan Reynolds, in the presence of Prime Minister Shri Narendra Modi and UK Prime Minister Sir Keir Starmer.

This development, announced after the successful conclusion of negotiations on May 6, 2025, is a testament to the shared ambition of the two democracies to expand economic opportunities. With bilateral trade already crossing USD 56 billion, the agreement aims to double this figure by 2030.