New Delhi, July 15 -- India and the United Kingdom on Wednesday operationalised the Comprehensive Economic and Trade Agreement (CETA), a landmark pact expected to accelerate bilateral trade, improve market access for Indian businesses, and provide social security relief to thousands of professionals working in Britain. This historic deal eliminates tariffs on nearly 99 per cent of Indian exports to the UK.
The agreement comes into force alongside the Double Contribution Convention (DCC), a separate social security arrangement that exempts eligible Indian professionals on temporary assignments in the UK from making mandatory social security payments in both countries. The exemption period has also been increased from three years to five yea...