{"id":16274,"date":"2026-05-16T02:05:25","date_gmt":"2026-05-16T02:05:25","guid":{"rendered":"https:\/\/saharanews.in\/2026\/05\/16\/india-uk-work-on-steel-issue-for-trade-pact-rollout\/"},"modified":"2026-05-16T02:05:25","modified_gmt":"2026-05-16T02:05:25","slug":"india-uk-work-on-steel-issue-for-trade-pact-rollout","status":"publish","type":"post","link":"https:\/\/saharanews.in\/?p=16274","title":{"rendered":"\u2018India, UK work on steel issue for trade pact rollout\u2019"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-articlebody=\"1\"><video-embed value=\"false\"\/><\/p>\n<div class=\"ihgno clearfix  \">\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-131130282,imgsize-582441,width-400,height-225,resizemode-4\/commerce-secretary-rajesh-agrawal.jpg\" alt=\"\u2018India, UK work on steel issue for trade pact rollout\u2019\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>NEW DELHI: India and the UK are working on a \u201cunique and creative solution\u201d to address issues arising from Britain\u2019s recent steel safeguard measure, which is delaying the operationalisation of the Comprehensive Economic and Trade Agreement (CETA).<span class=\"id-r-component br\" data-pos=\"2\"\/>The two countries, on July 24, 2025, signed the pact, under which 99% of Indian exports would enter the UK duty-free, while India will reduce tariffs on British products such as cars and whisky.<span class=\"id-r-component br\" data-pos=\"4\"\/>\u201cWe are very near to operationalising that. There are a few sticking points, as you are aware, the UK has come ahead with a steel measure recently, which was not factored in while negotiating the India-UK deal. \u201cWe are working together to find a unique, creative solution around the steel measure also so that we can officialise the India-UK CETA at an early date,\u201d commerce secretary Rajesh Agrawal told reporters here.<span class=\"id-r-component br\" data-pos=\"8\"\/>From July 1, 2026, the UK will limit tariff-free steel imports, reducing overall quota volumes by 60% compared to the steel safeguard measure. Any imports above these levels will then face a 50% tariff.<span class=\"id-r-component br\" data-pos=\"10\"\/>The measure will apply to imports of steel products that can also be made in the UK. Earlier, Britain had safeguard measures that also imposed import quotas. The new measures reduce that quota.<span class=\"id-r-component br\" data-pos=\"12\"\/>India\u2019s exports of iron &amp; steel and their products to the UK stood at $893.4 million in 2025-26.<span class=\"id-r-component br\" data-pos=\"14\"\/><\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/india-uk-work-on-steel-issue-for-trade-pact-rollout\/articleshow\/131130283.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: India and the UK are working on a \u201cunique and creative solution\u201d to address issues arising from Britain\u2019s recent steel safeguard measure, which is delaying the operationalisation of the Comprehensive Economic and Trade Agreement (CETA).The two countries, on July 24, 2025, signed the pact, under which 99% of Indian exports would enter the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":16275,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":["post-16274","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/posts\/16274","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/saharanews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16274"}],"version-history":[{"count":0,"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/posts\/16274\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/media\/16275"}],"wp:attachment":[{"href":"https:\/\/saharanews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/saharanews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/saharanews.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}