UK trade pact to level playing field for labour-intensive exports
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Legislative action — a bill, act, or amendment that creates or modifies the legal framework. Carries binding force and shapes the rules under which citizens, institutions, and markets operate.
Summary
The CETA provides zero-duty access on 99 per cent of India’s exports to the UK, covering nearly 100 per cent of trade value
Key Facts
Type Legislation
Source BusinessLine - Economy
Published Thursday, 18 June 2026
Affected Population 63 million MSMEs, export-import community
Key Numbers
Merchandise exports: $437 billion (2024-25)
FDI inflow: $71 billion (2024-25)
PLI scheme: Rs 1.97 lakh crore across 14 sectors
500 GW non-fossil fuel capacity target by 2030
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right