UK-India CETA Chapter 19: Small and Medium-Sized Enterprises
Text of chapter 19 of the Comprehensive Economic and Trade Agreement (CETA) between the United Kingdom of Great Britain and Northern Ireland and India.
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This chapter promotes SME (small and medium-sized enterprise) participation in trade through commitments on transparency and information-sharing, and includes provisions that encourage co-operation to reduce trade barriers that SMEs may otherwise face. This co-operation will include setting up contact points and facilitating the exchange of best practice that make it easier for SMEs to enter the market. The UK and India will also make trade information accessible online and easier to understand, so that SMEs can clearly understand and navigate the other country’s systems and processes.
Tackling these barriers will help UK SMEs export to and import from India, leveraging the trade deal’s opportunities to drive UK economic growth.
The agreement is not yet in force. Both the UK and India are required to complete their respective domestic procedures for the agreement to come into effect. Once ratified by both countries, businesses will be able to trade under its terms.