Hyderabad, July 15 -- Marking a major milestone in bilateral trade, the India-United Kingdom Comprehensive Economic and Trade Agreement (CETA) came into force on Wednesday, paving the way for preferential market access for Indian exporters.
To commemorate the occasion, export consignments from Telangana bound for the United Kingdom were flagged off at the Inland Container Depot (ICD), Sanathnagar.
Speaking after flagging off the consignments, Krishna Aditya, Special Secretary (Industries), Government of Telangana, described July 15 as a significant day for India's trade sector, saying the implementation of the agreement would reduce tariffs on several products from as high as 70 per cent to zero, providing a major boost to exports.
He no...