New Delhi, July 24 -- The Comprehensive Economic and Trade Agreement (CETA) between India and the United Kingdom provides near-complete tariff elimination for Indian exporters, unlocking significant opportunities across various sectors.
India's principal advantage under the agreement lies in duty-free access for its labour-intensive sectors, processed food items, and other high-tariff product segments where India holds a strong competitive edge.
The India-UK CETA promises immediate and significant benefits for a range of labour-intensive sectors that form the backbone of India's MSME ecosystem and employ millions across the country.
Under the agreement, several key sectors will now enjoy zero-duty access to the UK market.
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