India-UK Tackle Steel Roadblock for Quick CETA Implementation
India and the UK are collaborating on a solution to mitigate issues caused by the UK's steel safeguard measure, ensuring the early operationalization of their Comprehensive Economic and Trade Agreement. The UK plans to impose a 50% tariff on steel imports exceeding reduced quota volumes by July 2026.
India and the UK are devising a creative solution to navigate challenges stemming from a recent UK steel safeguard that could impact the swift implementation of their Comprehensive Economic and Trade Agreement (CETA), according to Commerce Secretary Rajesh Agrawal.
On July 24, 2025, both nations signed the CETA, which is nearing operational status. Agrawal highlighted ongoing efforts to resolve sticking points related to the UK's newly introduced steel measure, which was not anticipated during negotiations. The objective is to expedite the agreement's activation despite the unexpected hurdle.
From July 1, 2026, the UK is set to impose a quota on tariff-free steel imports, reducing overall quotas by 60%. Imports exceeding these quotas will incur a 50% tariff, affecting products also manufactured domestically in the UK.
(With inputs from agencies.)
- READ MORE ON:
- India
- UK
- CETA
- steel
- safeguard
- tariff
- trade agreement
- Commerce Secretary
- Rajesh Agrawal
- quota
ALSO READ
Boosting India's Economy: The Role of Free Trade Agreements and FDI
UAE's Defensive Measures: A Sovereign Safeguard
India and UK Forge Creative Path for Trade Agreement Amid Steel Tariff Hurdles
Modest Gold Import Quotas: Analyzing India-UAE Trade Agreement Impact
Safeguarding Migrant Workers: NHRC's Blueprint for Rights Protection

