London / New Delhi, June 27: Commerce and Industry Minister Piyush Goyal has said that the India–UK Comprehensive Economic and Trade Agreement (CETA) will play a key role in deepening investments, accelerating technology partnerships, and strengthening resilient global supply chains.
Pic Credit: https://x.com/PiyushGoyal
During his visit to London, the Minister held discussions with leading business and financial sector representatives, including a delegation led by Nicola Grady-Smith, Chief Transformation Officer at Rolls-Royce. The talks focused on India’s growing position as a global hub for advanced manufacturing and engineering, and the opportunities emerging from the trade agreement to enhance bilateral economic cooperation.
Goyal highlighted that the India–UK CETA is expected to create an enabling environment for businesses in both countries to expand operations, access new markets, and strengthen long-term collaboration in key sectors.
He also met Vivek Ramachandran, Head of Global Trade Solutions at HSBC, where discussions centered on the role of financial institutions in facilitating cross-border trade and investment flows under the new agreement. The Minister emphasized the importance of stronger trade finance mechanisms and enhanced banking solutions to support businesses in navigating international markets.
According to Goyal, banks and financial institutions will play a crucial role in ensuring smooth implementation of the agreement by enabling efficient capital movement and supporting global trade expansion.
The engagements underscore India’s commitment to strengthening economic ties with the United Kingdom and positioning itself as a key partner in global manufacturing, technology, and financial ecosystems.
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