New Delhi, July 25 -- India and UK have signed a Comprehensive Economic and Trade Agreement (CETA) in presence of Prime Ministers of both the countries.

Besides Prime Minister Narendra Modi, UK Prime Minister Keir Starmer, the agreement was signed by Commerce and Industry Minister, Mr. Piyush Goyal and Secretary of State for Business and Trade, Mr. Jonathan Reynolds.

Dr. S. Jaishankar, Minister of External Affairs and Ms. Rachel Reeves, Chancellor of the Exchequer were also present.

Federation of Indian Micro and Small & Medium Enterprises (FISME)- the national MSMEs has termed the agreement 'historic'.

"India-UK FTA is particularly promising in the Labour-Intensive Sectors including textiles, leather, footwear, gems & jewellery, mari...