Mumbai, Oct. 14 -- Bilateral trade between the United Kingdom and India is projected to increase by 25.5 billion pounds annually in the long run from the current baseline of 48 billion pounds following the implementation of the Comprehensive Economic and Trade Agreement (CETA), UK Deputy Trade Commissioner for South Asia Jaya Choraria said on Tuesday.

Speaking at the CETA Marketplace event in Mumbai, Choraria said the agreement would make trade cheaper, quicker and easier, creating opportunities for businesses in both countries.

CETA Expected To Boost India-UK Bilateral Trade

The event brought together British companies showcasing their products and services with Indian businesses and buyers to explore trade and investment opportunitie...