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Goyal Urges Fortnightly Sectoral Meetings to Maximize India-UK FTA Outcomes
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Moneycontrol•12-10-2026, 17:12
Goyal Urges Fortnightly Sectoral Meetings to Maximize India-UK FTA Outcomes
- •Commerce and Industry Minister Piyush Goyal called for fortnightly sectoral engagements between India and the UK to turn their free trade agreement into tangible business outcomes.
- •UK Business and Trade Secretary Jonathan Reynolds emphasized that trade agreements must translate into real-world investments, exports, technology commercialisation, and job creation.
- •Both leaders stressed the shared ambition to double bilateral trade by 2030, urging businesses, MSMEs, startups, and service providers to fully utilize the trade pact.
- •Goyal outlined five priority areas for cooperation, including infrastructure, clean energy, advanced manufacturing, technology, financial services, and healthcare.
Key Questions Answered
India and the UK share a target of doubling their bilateral trade by the year 2030, a goal highlighted by Commerce and Industry Minister Piyush Goyal during the JETCO Business Plenary.
Poyal proposed continuous engagement through sectoral meetings every 15 days, business delegations, and greater participation in exhibitions to help businesses identify opportunities and forge commercial partnerships.
The five priority areas for cooperation include infrastructure and clean energy, advanced manufacturing and resilient supply chains, technology and innovation, financial services, and healthcare and consumer industries.
