India & U.K. overcome last-minute steel hurdle, announce July 15 as trade deal implementation date
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Summary
The India-U.K. Comprehensive Economic and Trade Agreement was signed in July 2025 and was set to be implemented by April or early May 2026. However, a fresh regulation on steel imports by the U.K. acted as a late-stage hiccup
Key Facts
Type Policy
Source The Hindu - Business
Published Wednesday, 17 June 2026
Affected Population 63 million MSMEs, export-import community
Key Numbers
Merchandise exports: $437 billion (2024-25)
FDI inflow: $71 billion (2024-25)
PLI scheme: Rs 1.97 lakh crore across 14 sectors
PM-JAY: 55 crore beneficiaries
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right