Global Trade & Exports
Weekly Roundup
Weekly Brief — Global Trade & Exports
India-UK CETA Entry into Force and New Export Branding Missions
This report covers Trade policy and FTAs from July 13 to July 20, 2026. Significant developments include the operationalization of the India-UK CETA, new DGFT mandates for export subventions, and a major mobile manufacturing push to triple exports.
Key Statistics
| 99% | ₹39 Lakh Cr | ₹50,000 Cr |
|---|---|---|
| Indian exports to UK now at zero-duty | Targeted mobile production value | Defence export target by 2029 |
Weekly Executive Summary
- The India-UK Comprehensive Economic and Trade Agreement (CETA) officially entered into force on July 15, 2026, removing duties on 99% of Indian export lines.
- DGFT launched the "Niryat Disha" mission focusing on global branding and packaging, while clarifying timelines for interest subvention claims.
- The Union Cabinet approved the Mobile Phone Manufacturing Scheme (MPMS) to enhance domestic value addition and global export market share.
Deep Dive: Key Developments
India-UK CETA Operationalized with Zero-Duty Access
The India-UK Comprehensive Economic and Trade Agreement (CETA) became effective on July 15, 2026. The agreement provides immediate…
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