On paper, the deal is among India's most ambitious free trade agreements with a developed economy. A Trade Agreement, Not a Comprehensive Economic PartnershipDespite its broad scope, CETA does not attempt to solve every challenge in India-UK economic relations. These exclusions reflect a familiar reality in international trade negotiations: free trade agreements rarely eliminate all trade barriers. The United Kingdom has introduced a stricter steel import regime that could affect Indian steel exports despite the broader trade agreement. The India–UK Free Trade Agreement is undoubtedly one of India's most consequential trade agreements in recent years.