India-UK Comprehensive Economic Partnership & Port Infrastructure Policy

Published

The operationalisation of the landmark India-UK Comprehensive Economic and Trade Agreement (CETA) on July 15, 2026, marks a transformative shift in bilateral trade by granting duty-free access to nearly 99% of Indian exports and granting tariff concessions on 90% of UK goods entering India. This historic pact is complemented by the Agreement on Social Security (Double Contribution Convention), which exempts temporary Indian professionals in the UK from dual social security payments for up to five years, drastically cutting costs for businesses. Simultaneously, the government of Andhra Pradesh has strongly reaffirmed its policy of developing non-major ports like Ramayapatnam, Machilipatnam, and Mulapeta through the Public-Private Partnership (PPP) model on a DBFOT basis. This strategic framework aims to bolster national port capacity, increase EXIM cargo handling, and clear misinformation regarding port privatization.

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