New Delhi, July 26 -- The India-UK Comprehensive Economic and Trade Agreement (CETA) is set to unlock significant opportunities in public procurement, providing Indian companies access to a non-discriminatory market worth USD 122 billion in the United Kingdom, according to Commerce Secretary Sunil Barthwal.
Addressing the media on Friday, Barthwal noted that the UK has, for the first time, made a binding commitment to treat Indian suppliers on equal footing under its 'social value' procurement regime.
This framework requires public bodies in the UK to consider the broader social, economic, and environmental impact of procurement decisions-beyond cost alone.
In return, India's commitments under CETA will open up an estimated USD 114 bil...
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