India-UK Trade Deal Talks Hint at Fresh Momentum Amid Growing Export Ties
The long-anticipated India-UK trade deal may be inching closer to the finish line, as both nations signal renewed optimism after months of uncertainty.
Hopes are rising that the Comprehensive Economic and Trade Agreement (CETA) could be finalised soon, following signs of growing synergy in key sectors like seafood exports and services.
Sources close to the negotiation table say discussions have entered a more focused phase, with technical teams from both sides working overtime to iron out contentious issues.
“We are aiming for a balanced deal, one that respects sensitivities while unlocking mutual growth,” a UK trade official hinted, requesting anonymity due to the sensitivity of ongoing talks.
Despite earlier delays, largely due to political transitions and divergent priorities, insiders now speak of a shift in tone. A UK-based trade analyst commented, “Both sides have realised that the window of opportunity won’t remain open forever. There’s urgency now.”
A major signal of warming trade ties is the staggering rise in seafood exports. Over the past ten years, India’s seafood export volume has surged by 60 per cent, with the UK emerging as a key destination.
“This increase speaks volumes about the strength of bilateral commerce and the growing trust between the two markets,” said an Indian official from the Ministry of Commerce.
What makes this growth even more noteworthy is the post-Brexit scenario, where the UK has been actively seeking stronger trade bridges outside the EU. India, with its massive market potential and cost-effective export base, presents a prime opportunity.
“India and the UK have a shared history and a future that could be even more interconnected if this deal goes through,” remarked a London-based international trade expert.
But while optimism is high, negotiators are treading carefully. Agricultural tariffs, service sector access, and intellectual property rights remain sticking points. Yet, there’s a clear sense of momentum, possibly driven by political will on both sides to deliver a win.
“The India-UK Comprehensive Economic and Trade Agreement (CETA) has the potential to be a game-changer,” said an Indian negotiator familiar with the progress. “It’s not just about trade, it’s about strategic alignment.”
The next round of talks is expected soon, and officials hint that announcements could come as early as the autumn, provided current progress holds.
This development marks a pivotal moment in India-UK relations, especially at a time when both economies are navigating post-pandemic recovery and global trade realignments.
