UK-India CETA Chapter 2: Trade in Goods
Text of chapter 2 of the Comprehensive Economic and Trade Agreement (CETA) between the United Kingdom of Great Britain and Northern Ireland and India.
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This chapter and its annexes provide for the liberalisation of trade of originating goods between the UK and India. It removes tariffs in accordance with each party’s tariff schedule.
The chapter will help facilitate trade in goods between the UK and India, ensuring transparency on fees and charges, and co-operation through a Goods sub-committee that will meet every two years once the FTA comes into effect.
India will remove or reduce tariffs on 90% tariff lines, which will cover 92% of existing goods imports from the UK (based on 2022 trade). India has agreed to remove tariffs on 64% of tariff lines at entry into force. After staging over 10 years, the agreement will mean 85% tariff lines will be eligible for tariff free entry into India.
The UK has agreed to liberalise tariffs on most Indian exports. This deal excludes some domestic sectors from liberalisation, such as sugar, milled rice, pork, chicken, and eggs
The agreement is not yet in force. Both the UK and India are required to complete their respective domestic procedures for the agreement to come into effect. Once ratified by both countries, businesses will be able to trade under its terms.