During the visit, Goyal will hold a bilateral meeting with UK Secretary of State for Business and Trade Peter Kyle, with discussions focusing on operationalising the two agreements and further strengthening economic ties between India and the UK.
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According to the Commerce Ministry, the two ministers will discuss aligning regulatory roadmaps, streamlining customs coordination and finalising administrative mechanisms for the smooth implementation of CETA and the DCC.
The talks will also review preparedness for CETA’s tariff liberalisation commitments, which are expected to provide greater market access for Indian exports in the UK, while discussions on the Double Contribution Convention will centre on establishing a mechanism to address dual social security contribution requirements for eligible temporary workers, facilitating greater mobility of professionals and businesses.
The two sides are also expected to discuss the operationalisation of mutual market access commitments across key services sectors and measures to deepen bilateral trade and investment.
As part of the visit, Goyal will participate in a series of government-to-business engagements with industry leaders, investors and corporate executives.Also Read: UK FTA calls for standards upgrade: Experts
He will address the opening plenary session of the India Global Forum on the theme, “Capital, Innovation and the UK-India Moment,” where discussions will focus on business opportunities arising from the implementation of the India-UK trade agreement.
The minister is also scheduled to hold separate meetings with senior executives of HSBC Global Trade Solutions and Rolls-Royce to discuss strategic investments, industrial collaboration and expanding manufacturing partnerships in India.
Goyal will also participate in a business plenary session and interactive luncheon organised by the UK-India Business Council, where C-suite executives from companies including Tata, TCS, HSBC, Prudential, De Beers and Baker McKenzie will discuss opportunities for trade, investment and business collaboration under the India-UK economic partnership.
In addition, he will lead a roundtable hosted by Asia House with senior executives from global financial and industrial institutions, including J.P. Morgan, Standard Chartered, Lloyds, Morgan Stanley and Arup, to discuss India’s industrial competitiveness, investment climate and integration into global supply chains.
The visit will conclude with interactions with an Indian industry delegation, members of the British-Indian business community and representatives of global education groups, including GEDU.
“The visit underscores India’s commitment to engaging with global businesses and investors and is expected to contribute to the shared objective of expanding India-UK economic cooperation and advancing the target of achieving USD 120 billion in bilateral trade by 2030,” the ministry said.