The minister of commerce and industry, Piyush Goyal, stated on Tuesday that he and the secretary of state for business and trade of the United Kingdom, Peter Kyle, had “great conversations” regarding the future of economic engagement between India and the UK and the advancement of common commercial goals.
“Delighted to welcome my friend, UK Secretary of State for Business and Trade, Peter Kyle, and his delegation to India,” Goyal wrote in a social media post. The minister emphasised that the main point of the conversations was to strengthen the “strong and forward-looking partnership” that exists between the two nations.
The signing of the India-UK Comprehensive Economic and Trade Agreement (CETA) in July 2025 set the stage for the conference, which takes place amidst intensifying economic and trade cooperation. According to officials, the goal of the meetings was to turn the agreement’s blueprint into practical steps that would enhance supply-chain links, investment, and commerce.
The previous virtual meeting between the two parties, held last month, discussed strategies to increase bilateral investment and trade while taking advantage of opportunities presented by the CETA; this conversation between Goyal and Kyle follows that discussion. A broader network of free trade agreements has been pursued by New Delhi. India already has nine FTAs that encompass 38 nations, including deals with the United Arab Emirates, Australia, EFTA states, Oman, New Zealand, and the European Union.
Between fiscal years 2021 and 2025, India’s trade with critical FTA partners increased by 92%, surpassing the 41.5% growth in India’s total merchandise trade with the rest of the world, according to a recent government report quoted by authorities. These numbers highlight New Delhi’s efforts to increase Indian exporters’ access to global markets and deepen their integration into global supply chains.
During the meeting, Goyal reaffirmed New Delhi’s stance on global trade governance, building on his remarks from last month when he emphasised the need for an equitable and accommodating WTO that prioritises the needs of developing and Least Developed nations.
In order to make the most of the opportunities presented by the CETA, officials from both sides have committed to maintaining high-level consultations and including industry stakeholders. The visit shows that the India-UK relationship is still going strong, with both governments working to enact steps to make trade easier, cooperate on regulations, and encourage investment.
Image: Business Line
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