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Piyush Goyal launches India UK trade manual

The manual simplifies the trade agreement for businesses, supporting better understanding, market access, investment, and stronger cooperation between countries

LONDON

Union Commerce and Industry Minister Piyush Goyal launched a practical business manual in London to help companies in India and the United Kingdom prepare for the implementation of the India-UK Comprehensive Economic and Trade Agreement, also known as CETA. The trade agreement will officially come into effect on July 15, and the new guide aims to help businesses understand and use its benefits with confidence.

The manual, titled UK-India CETA Business Utilisation Manual – A Practical Activation Guide for Indian and UK Businesses, was introduced during a programme organised by the Federation of Indian Chambers of Commerce and Industry, with support from the UK India Business Council. It has been jointly prepared by the UK India Business Council and HSBC India to provide simple, sector-wise guidance for companies.

Officials said the manual explains the trade agreement in easy language and offers practical steps that businesses can follow. It is designed to become a living document that can be updated whenever required, helping companies make the best use of the opportunities created under the agreement.

The launch took place ahead of the trade pact’s implementation and is expected to encourage stronger business ties between the two countries. The agreement is likely to improve market access, reduce trade barriers, and increase investment and commercial cooperation across different industries.

Speaking at the event, UK India Business Council Group Chief Executive Officer Dr. Kishore Jayaraman described the agreement as an important milestone in the economic relationship between India and the United Kingdom. He said the newly launched manual converts a detailed trade agreement into a practical guide that businesses can easily understand and apply. He added that the council remains committed to helping companies benefit fully from the agreement.

HSBC India Chief Executive Officer Hitendra Dave said the trade pact would provide greater certainty, improved market access, and stronger business partnerships. He encouraged companies to use the manual as a starting point for expanding trade and investment across both markets. Recent figures show that trade between India and the United Kingdom reached nearly 47.9 billion pounds during the four quarters ending in the final quarter of 2025, recording around 10 percent growth. The new guide is expected to support this positive momentum further.

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