🤝 A Deal of Balance: India–UK Comprehensive Economic Trade Agreement (CETA)
Signed recently, the India–UK Comprehensive Economic Trade Agreement (CETA) is being hailed not just as a trade deal, but as a model of fair negotiation between two economies that aimed for mutual benefit over one-sided gains.
Rather than giving everything or taking everything, CETA showcases a give-and-take approach — a template of modern diplomacy and economic strategy.
🔹 India gains:
✅ 99% of UK’s tariff lines now duty-free for Indian goods
✅ Graded reduction on auto duties instead of sudden slashing
✅ Strategic sectors like dairy, oats, and edible oils remain protected
🔹 UK gains:
✅ 90% of India’s tariff lines opened for duty-free access
✅ Better access for UK automobiles into Indian markets
❌ But, India did not concede on higher visa quotas for professionals
Each concession was matched with a protection — highlighting that trade doesn’t mean compromise, but cooperation. For the first time, such an FTA between comparable economies shows how developing nations like India can negotiate from a position of strength.
Beyond tariffs, this agreement also lays the foundation for stronger FDI flows and greater economic collaboration, especially in sectors like tech, manufacturing, and clean energy.
In a world where many FTAs lean toward the developed world, CETA offers a rare and balanced template for future global trade deals.
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