India-UAE Comprehensive Economic Partnership Agreement, CEPA came into force on 1 May 2022.

India-UAE Comprehensive Economic Partnership Agreement, CEPA came into force on 1 May 2022. The agreement was signed between the two nations on 18 February 2022.

Secretary in Department of Commerce, B V R Subrahmanyam flagged off the first consignment of goods comprising jewellery products from India to UAE.

The ministry said, CEPA is expected to increase the total value of bilateral trade in goods to over USD 100 billion and trade in services to over USD 15 billion within five years.

India-UAE Comprehensive Economic Partnership Agreement.

Main Points :

  • India-UAE Comprehensive Economic Partnership Agreement, CEPA came into force on 1 May 2022.
  • CEPA is expected to increase the total value of bilateral trade in goods to over USD 100 billion and trade in services to over USD 15 billion within five years.

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