Bengaluru receives first tariff-free Scottish salmon under U.K.-India FTA
Bengaluru received the first tariff-free shipment of Scottish salmon from the U.K. under the U.K.-India Comprehensive Economic and Trade Agreement (CETA). This marks one of the earliest commercial outcomes of the trade pact, which eliminated India's previous 33% import tariff on Scottish salmon. Industry estimates suggest that CETA could generate up to £130 million in additional export opportunities for Scotland's salmon sector over the next decade, highlighting the economic benefits of the agreement.
Key Points
- Bengaluru received the first tariff-free shipment of Scottish salmon from the U.K.
- This marks an early commercial outcome of the U.K.-India Comprehensive Economic and Trade Agreement (CETA).
- CETA eliminated India's 33% import tariff on Scottish salmon.
- The trade pact is estimated to generate significant export opportunities for Scotland's salmon sector.
Exam Facts
- City: Bengaluru.
- Product: Scottish salmon.
- Agreement: U.K.-India Comprehensive Economic and Trade Agreement (CETA).
- Previous tariff: 33%.
- Estimated export opportunity: £130 million over next decade.
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