Piyush Goyal Meets UK Trade Minister; Discusses Roadmap for Implementing Free Trade Agreement

Mumbai (The Uttam Hindu): India’s Commerce and Industry Minister Piyush Goyal met with UK’s Trade Minister Peter Kyle in Mumbai on Wednesday to discuss the implementation roadmap for the India–UK Comprehensive Economic and Trade Agreement (CETA). The meeting aimed to accelerate progress toward doubling bilateral trade by 2030 and strengthening economic cooperation between the two nations.

Peter Kyle is part of the trade delegation accompanying UK Prime Minister Keir Starmer during his two-day official visit to India.

According to an official statement, “The meeting marks an important step toward operationalizing the India–UK CETA. Both ministers agreed to restructure the Joint Economic and Trade Committee (JETCO) to oversee the implementation and monitoring of the agreement.”

In a post on X (formerly Twitter), Minister Goyal expressed his pleasure at meeting Peter Kyle, reaffirming their shared commitment to advancing the India–UK economic partnership.

“Our discussions focused on expediting the implementation of our historic trade agreement through JETCO and realizing its benefits. We remain committed to turning ambition into achievement, fostering growth, generating employment, and deepening bilateral ties,” Goyal stated.

The minister also co-chaired a high-impact session on advanced manufacturing, which he described as the foundation of the India–UK partnership. “From AI to aerospace, from automotive to semiconductors, we are bringing the India–UK FTA into action,” he added.

Goyal further welcomed Eli Lilly’s $1 billion investment aimed at boosting India’s manufacturing capacity, underscoring the growing investor confidence in India’s economic landscape.