New Advisory Network Launched to Boost UK-India Trade
A new initiative has been launched to help businesses take full advantage of the Comprehensive Economic Trade Agreement (CETA) between the United Kingdom and India. Piyush Goyal, a senior official, announced the creation of a 1,000-member advisory network designed to support companies as they navigate the new trade landscape.
The agreement, which officially began on July 15, 2026, is described as the most comprehensive free trade pact between the two nations to date. By reducing barriers and simplifying regulations, the deal aims to make it easier for businesses in both countries to import and export goods and services.
Economic experts predict that this partnership will have a significant impact on the economy. The deal is expected to increase bilateral trade by approximately GBP 25.5 billion every year. This growth is anticipated to create new opportunities for industries ranging from technology to manufacturing.
The new advisory network will act as a bridge between the government and the private sector. Its primary role is to provide guidance and practical advice to businesses, ensuring they understand how to use the new trade rules effectively. This support is intended to help both small and large companies benefit from the agreement.
As the trade relationship between the UK and India deepens, this network serves as a key tool for long-term economic cooperation. Officials hope that these measures will strengthen ties between the two countries and provide a stable foundation for future commercial success.