India and the UK are close to operationalising their trade pact, but a new British steel safeguard measure has delayed the Entry into Force of CETA. Commerce Secretary Rajesh Agrawal said the two sides are working on a “unique and creative solution” to handle the steel hurdle. The UK will cap tariff-free steel from July 1, 2026, cutting quota volumes by 60% and charging 50% tariffs above limits. India targets doubling bilateral trade to USD 112 billion by 2030.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
