Commerce and Industry Minister Piyush Goyal met with Peter Kyle, the UK’s Secretary of State for Business and Trade, on Wednesday to discuss advancing the operationalization of the India-UK Comprehensive Economic and Trade Agreement (CETA) and the goal of doubling bilateral trade by 2030.
Kyle is in India as part of a large trade delegation accompanying UK Prime Minister Keir Starmer during his two-day official visit. The meeting marked a significant step toward implementing the CETA, with both ministers agreeing to reposition the Joint Economic and Trade Committee (JETCO) to oversee its progress.
In a post on X, Goyal expressed his pleasure in meeting Kyle, reaffirming their commitment to advancing the economic partnership. He emphasized the importance of accelerating the implementation of the trade deal and fostering growth, job creation, and deeper ties.
Goyal also co-chaired a session on advanced manufacturing, a key aspect of the India-UK partnership, and highlighted sectors such as AI, aerospace, automotive, and semiconductors. He celebrated Eli Lilly’s $1 billion investment in India, which reflects the nation’s growing position as a hub for innovation, research and development, manufacturing, and healthcare solutions.
Kyle is in India as part of a large trade delegation accompanying UK Prime Minister Keir Starmer during his two-day official visit. The meeting marked a significant step toward implementing the CETA, with both ministers agreeing to reposition the Joint Economic and Trade Committee (JETCO) to oversee its progress.
In a post on X, Goyal expressed his pleasure in meeting Kyle, reaffirming their commitment to advancing the economic partnership. He emphasized the importance of accelerating the implementation of the trade deal and fostering growth, job creation, and deeper ties.
Goyal also co-chaired a session on advanced manufacturing, a key aspect of the India-UK partnership, and highlighted sectors such as AI, aerospace, automotive, and semiconductors. He celebrated Eli Lilly’s $1 billion investment in India, which reflects the nation’s growing position as a hub for innovation, research and development, manufacturing, and healthcare solutions.