India, Oct. 13 -- India and the UK on Monday agreed to exchange data annually on the use of their Comprehensive Economic and Trade Agreement (CETA), including businesses' claims for lower tariffs and feedback on implementation, starting a year after the pact comes into force, to help more firms benefit, according to a joint statement. The CETA, a kind of free trade pact, came into force on July 15 this year.

The pact grants duty-free entry of 99 per cent of Indian goods into the British market. Similarly, 90 per cent of UK goods are entering India either duty-free or at reduced tariffs. It is benefiting a wide range of sectors on both sides, including automotive, manufacturing, consumer goods, creative industries, and medical technology....