India and UAE’s Commerce Minister have formally launched negotiations on the India-United Arab Emirates Comprehensive Economic Partnership Agreement (CEPA).
About:
The first round of CEPA negotiations will be held on 23-24 September 2021.
CEPA will create new jobs, raise living standards, and provide wider social and economic opportunities in both nations.
A new strategic economic agreement is expected to increase bilateral trade in goods to USD 100 billion within five years of the signed agreement and increase trade in services to USD 15 billion.
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