Piyush Goyal: India-UK Free Trade Agreement Expected Within a Month
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Piyush Goyal: India-UK FTA & DCC Operational in a Month, Boosts Trade Ties
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CNBC TV18•13-03-2026, 18:08
Piyush Goyal: India-UK FTA & DCC Operational in a Month, Boosts Trade Ties
•Commerce Minister Piyush Goyal announced the India-UK Free Trade Agreement (FTA) and Double Contribution Convention (DCC) will take effect in about a month.
•The FTA is expected to be among the fastest agreements approved by the UK Parliament.
•Goyal lauded Nidhi Mani Tripathi for spearheading European agreements, including with EFTA, EU, and UK.
•He urged industry to leverage FTAs with 32 European nations for expanded trade and higher investment, focusing on the $100 billion FDI from EFTA.
•India's nine FTAs with 38 developed economies have opened new export opportunities in textiles, leather, footwear, and pharmaceuticals.
