Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

India-UK free trade pact likely to be implemented in April: Official

PTI
Updated: February 15th, 2026, 17:17 IST
in Business, Home News, National
0
India-UK FTA will deliver 'seismic shift' in trade ties

Pic-AP

Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

New Delhi: The India-UK free trade agreement, signed in July last year, is likely to be implemented in April 2026, according to an official.

India and the UK, July 24, 2025, signed the Comprehensive Economic and Trade Agreement (CETA) under which 99 per cent of Indian exports will enter the British market at zero duty, while tariffs on British products such as cars and whisky will be reduced in India.

Also Read

Kaja Kallas

EU forging security partnerships, including with India: Kallas

2 hours ago
Rubio says US could resume aid to Ukraine

‘Got India’s commitment to stop buying Russian oil’: US Secretary of State Rubio

3 hours ago

“We are expecting the pact to be implemented from April this year,” the government official said.

The two countries have also signed the Double Contributions Convention (DCC) pact to ensure temporary workers would not have to duplicate social levies in either country.

The official said that both pacts are likely to be implemented in parallel.

The pact needs approval from the UK parliament before it is implemented.

In India, the Union cabinet approves such agreements. After it gets approved by the British parliament, it will be implemented on a mutually agreed date.

The House of Commons in the UK held a debate on the India-UK CETA earlier this week.

Chris Bryant, Minister of State in the Department for Business and Trade, responded on behalf of the Labour government to stress that CETA was a momentous achievement, which goes “well beyond India’s precedent in opening the door for UK businesses”.

The British Parliament is ratifying the agreement, including debates across both Houses (House of Commons and House of Lords) and reviews by relevant committees on all aspects of the agreement, before it can be implemented in the coming months.

CETA aims to double the USD 56 billion trade between the world’s fifth and sixth largest economies by 2030.

While India has opened its market to various consumer goods, including chocolates, biscuits, and cosmetics, it will gain greater access to export products such as textiles, footwear, gems and jewellery, sports goods, and toys.

Under the pact, which has been termed CETA, tariffs on Scotch whisky will be reduced from 150 per cent to 75 per cent immediately, and further lowered to 40 per cent by 2035.

On automobiles, India will reduce import duties to 10 per cent over five years, down from the current rate of up to 110 per cent, under a gradually liberalised quota system.

In return, Indian manufacturers will gain access to the UK market for electric and hybrid vehicles within a quota framework.

PTI

Orissa POST – Odisha’s No.1 English Daily
Tags: BusinessIndiatrade pactUK
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Lopali Pattnaik

December 12, 2019

Archives

Editorial

Enforced Reverence

February 15, 2026

By Aakar Patel There is always a shortage of nationalism in our country, because there seems to be so much...

Read moreDetails

UPSC Draws Line

Dilip Cherian
February 14, 2026

By Dilip Cherian For years, the civil services examination had a convenient loophole. Crack the exam, get into the IAS...

Read moreDetails

Epstein’s Sleaze & Politics

Epstein
February 11, 2026

Influential people and high dignitaries often willingly get into honey-traps or sex rackets to seek pleasure using their positions. The...

Read moreDetails

Battle Over Book

February 10, 2026

An unseemly controversy has been created over an unpublished book penned by former Army Chief General MM Naravane. It has...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST