Archive · 27 Jul 2025
UK Firms Can Offer Services in India Without Local Offices Under CETA
The UK and India have made a trade deal called CETA, signed on July 24, that lets UK companies offer services in India without needing an office there.
These companies, like those in telecom and construction, will be treated the same as Indian businesses.
The deal still needs to be approved by the UK Parliament, which might take about a year.
This agreement focuses on services, with India having a large trade surplus with the UK.
UK companies can offer telecom and construction services in India without a local office.
The Comprehensive Economic and Trade Agreement (CETA) was signed on July 24.
British firms will receive the same treatment as Indian companies.
The CETA may take about a year for implementation, pending UK Parliament approval.
India enjoys a trade surplus of about USD 6.6 billion with the UK.
- Who
- UK service providers and Indian businesses.
- What
- The India-UK Comprehensive Economic and Trade Agreement (CETA) facilitating service provision without local offices.
- When
- The CETA was signed on July 24.
- Where
- India and the UK.
- Why
- To promote trade and economic cooperation.
- Trade Agreement
- CETA
- Signing Date
- July 24
- Key Sectors
- Telecom, Construction
- Treatment of UK firms
- Same as Indian firms
- India's Trade Surplus
- USD 6.6 billion
Sources
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