Prime Minister Mr. Narendra Modi says India–UK CETA to benefit farmers, entrepreneurs and MSMEs
- IBEF
- July 16, 2026
Prime Minister Mr. Narendra Modi has said that the India–United Kingdom Comprehensive Economic and Trade Agreement (CETA) and the Agreement on Social Security, which came into force on July 15, 2026, mark a significant milestone in bilateral relations. The agreements are expected to provide fresh momentum to India’s farmers, entrepreneurs and micro, small and medium enterprises (MSMEs) by expanding their access to the UK market. They will also strengthen collaboration in technology, professional services and innovation while facilitating greater mobility for skilled Indian professionals. The Social Security Agreement is expected to benefit Indian professionals on temporary assignments in the UK by improving social security coverage and reducing compliance-related costs for employers.
The implementation of CETA is expected to enhance bilateral trade by improving market access for a wide range of Indian goods and services, supporting export-led growth and creating new opportunities for businesses across sectors. The agreement is also expected to strengthen supply chain integration, encourage greater investment flows and promote collaboration in advanced manufacturing, digital technologies, research and innovation. Enhanced cooperation is likely to benefit sectors such as agriculture, food processing, textiles, engineering goods, pharmaceuticals and services, while improving the global competitiveness of Indian enterprises. Together, the two agreements reinforce the long-term strategic partnership between India and the United Kingdom and are expected to contribute to sustainable economic growth, employment generation and deeper commercial engagement between the two countries.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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