Addressing members of the IMC Chamber of Commerce and Industry, Harjinder Kang, His Majesty’s Trade Commissioner for South Asia and British Deputy High Commissioner for Western India, expressed confidence that the U.K.-India Comprehensive Economic and Trade Agreement (CETA) or commonly known as the FTA is poised to deliver wide-ranging benefits for both nations, driving stronger economic growth and deeper bilateral engagement. According to him, the agreement is expected to boost exports, create high-quality jobs, encourage innovation, promote inclusivity, and expand opportunities for business mobility across borders.
He noted that he remains optimistic about bilateral trade volumes exceeding by £25.5 billion every year in the long run with the deal coming into force. The existing bilateral trade and investment value already stands at over £44 billion a year, underscoring the strategic importance of the partnership in today’s global economic landscape.
“This agreement will redefine the scale and scope of our economic partnership. By unlocking new avenues for trade and investment, it will not only strengthen our bilateral ties but also ensure that businesses and communities in both nations reap lasting benefits,” Harjinder Kang said.
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