All Articles Open App Download App
EconomyPIB17 June 2026
IndiaโUK CETA and Double Contribution Convention to enter into force on 15 July 2026
Practice PYQs on this topic
500+ questions on Economy with explanations
๐ Summary:
- India and the UK announced that the Comprehensive Economic and Trade Agreement (CETA) and the Double Contribution Convention (DCC) will enter into force on 15 July 2026
- CETA provides zero-duty access on ~99% of India's tariff lines, covering nearly 100% of trade value
- DCC exemption period extended from 3 years to 5 years โ a gain for India's temporary workers in the UK (avoids double social-security contributions)
- CETA expands services exports across 137 sub-sectors, including IT/ITES, professional, education and business services
- Timeline: groundwork via Enhanced Trade Partnership & IndiaโUK Roadmap 2030 (May 2021) โ CETA concluded 6 May 2025 after 14 rounds โ signed 24 July 2025 in London (Piyush Goyal & Jonathan Reynolds) โ DCC signed 10 February 2026
- Goal: doubling bilateral trade to USD 100 billion by 2030; exclusion lists protect sensitive agriculture and rural economy
๐ฏ UPSC Relevance: GS2 IR / GS3 Economy โ Free Trade Agreements, economic diplomacy, services trade and labour mobility
๐ Prelims Facts:
- CETA enters into force: 15 July 2026; signed 24 July 2025 in London
- Zero-duty access on ~99% of India's tariff lines; 137 services sub-sectors
- DCC double-contribution exemption raised from 3 to 5 years
- Trade-doubling target: USD 100 billion by 2030
๐ Key Term: Double Contribution Convention (DCC) โ bilateral pact exempting posted workers from paying social-security contributions in both countries simultaneously
CETAIndia-UKFTADCC
UPSC Classification
Prelims (GS1)
Mains
PrelimsMains
See PYQs related to โEconomyโ
Every classification tag above links to actual UPSC questions asked on that topic โ with answer, explanation and elimination logic. Only in the app.