Piyush Goyal discusses India-UK ties in innovation, technology with UK Trade Secy

India’s Union Commerce and Industry Minister Piyush Goyal met virtually with UK Secretary of State for Business and Trade Peter Kyle on June 12, 2026, to advance cooperation in innovation, technology, research, and startups. The meeting focused on deepening economic ties and identifying new opportunities in high-growth sectors, including emerging technologies. Goyal highlighted the potential for mutual economic benefits and shared prosperity through expanded partnerships. The discussions took place amid ongoing negotiations for a Comprehensive Economic and Trade Agreement (CETA) between India and the UK. Commerce Secretary Rajesh Agrawal previously stated that both sides are close to operationalizing the agreement, though unresolved issues—particularly recent UK steel measures—remain. Agrawal noted that creative solutions are being explored to address these challenges. UK Member of Parliament Bob Blackman emphasized that while progress has been made, key issues like tariffs, market access, and professional services access still require resolution. He clarified that the agreement is not yet a finalized free trade deal but a work-in-progress, with ongoing negotiations on critical aspects. Blackman also underscored the growing educational ties between the two nations, including British institutions expanding in India. Beyond trade, the meeting reinforced broader cooperation in defense, security, and technology. Blackman reiterated UK support for India’s bid for permanent membership in the United Nations Security Council. The interaction reflects both countries’ commitment to strengthening economic and strategic partnerships in sectors like innovation and emerging technologies.