Piyush Goyal to Visit UK Ahead of CETA Rollout
Commerce Minister to review CETA implementation, engage investors and strengthen economic ties
- Piyush Goyal will visit the UK from June 25-27 ahead of the implementation of India-UK CETA and DCC.
- He will hold bilateral talks with UK Business and Trade Secretary Peter Kyle.
- The Minister will address the India Global Forum and meet global investors and industry leaders.
- Discussions will focus on trade facilitation, market access, investments and professional mobility.
GG News Bureau
New Delhi, 24th June: Union Commerce and Industry Minister Piyush Goyal will undertake an official visit to the United Kingdom from June 25 to 27, ahead of the implementation of the landmark India-UK Comprehensive Economic and Trade Agreement (CETA) and the Double Contribution Convention (DCC), scheduled to come into force on July 15.
The visit is aimed at accelerating preparations for the operationalisation of the agreements and deepening economic engagement between the two countries.
During his visit to London, Goyal will hold a high-level bilateral meeting with UK Secretary of State for Business and Trade Peter Kyle. The discussions will focus on aligning regulatory frameworks, strengthening customs cooperation and finalising administrative mechanisms required for the smooth implementation of CETA and the DCC.
The two sides are expected to review preparedness for tariff liberalisation commitments under the trade pact, which is expected to enhance market access opportunities for Indian exporters in the UK market.
Discussions will also cover the operational roadmap for the Double Contribution Convention, which seeks to address dual social security contribution requirements for eligible temporary workers, thereby facilitating greater mobility for professionals and businesses.
Officials said the talks will also focus on implementing market access commitments in key services sectors and identifying measures to further strengthen bilateral trade and investment ties.
As part of his engagements, Goyal will address the opening plenary session of the India Global Forum (IGF), where he will speak on the theme “Capital, Innovation and the UK-India Moment”. The session will highlight emerging business opportunities arising from the implementation of the India-UK trade agreement.
The Commerce Minister will also hold meetings with senior executives from major global corporations, including HSBC and Rolls-Royce, to discuss strategic investments, industrial collaboration and opportunities for expanding manufacturing partnerships in India.
Goyal is also scheduled to participate in a business plenary and luncheon hosted by the UK-India Business Council (UKIBC), which will bring together top executives from multinational companies such as Tata Group, TCS, HSBC, Prudential, De Beers and Baker McKenzie.
In another key engagement, the Minister will lead a roundtable discussion organised by Asia House, where senior representatives from global financial institutions and industry leaders, including J.P. Morgan, Standard Chartered, Lloyds, Morgan Stanley and Arup, will discuss India’s industrial competitiveness, investment environment and integration with global supply chains.
The visit will conclude with interactions with Indian industry representatives, members of the British-Indian business community and international education sector stakeholders.
The government said the visit underscores India’s commitment to strengthening economic partnerships with global investors and businesses and advancing the shared goal of expanding India-UK bilateral trade to USD 120 billion by 2030.