News: Bengaluru received the first tariff-free shipment of Scottish salmon under the India–UK Comprehensive Economic and Trade Agreement (CETA)à Marks one of the earliest commercial outcomes of the India–UK trade pact.
Highlights
- Product: Freshly farmed Scottish salmon produced by Bakkafrost Scotland.
- Destination: Shipment received by Sashimi Foods Pvt. Ltd., Bengaluru.
Key Provision under CETA
- India abolished the earlier 33% import tariff on Scottish salmon under the agreement.
- Facilitates easier market access for UK seafood exports to India.
Significance
- Strengthens India–UK bilateral trade and demonstrates early implementation of CETA.
- Expected to create up to £130 million in additional export opportunities for Scotland’s salmon industry over the next decade.
- Expands premium seafood availability in the Indian market while promoting trade diversification.