Live Events(You can now subscribe to our(You can now subscribe to our Economic Times WhatsApp channelNew Delhi: The India-UK social security agreement was made a non-negotiable part of the free trade agreement (FTA) discussions two years ago, commerce and industry minister Piyush Goyal said on Wednesday.Termed the Double Contribution Convention Agreement (DCCA), it was agreed to along with the FTA between the two countries in May. "It was on the table for the last three years to bring balance and equity and balance to the trade deal between the two economies," Goyal said at an event in London. The minister is on a two-day visit to London from Wednesday.The agreement exempts Indian professionals and their employers from paying social security contributions in the UK for short-term assignments of up to three years. It is reciprocal so UK nationals employed by those companies in India pay into our system (for one year). "Goyal said since temporary professionals stay less than the 10 year threshold to qualify for receiving benefits against their social security contributions in the UK, this money otherwise won't be paid back to them.
