Part of: GS-2: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests
In News: India and UAE signed the historic Comprehensive Economic Partnership Agreement (CEPA) aimed at boosting the merchandise trade between the two countries to US$ 100 billion over next five years.
Both nations believe in rules based fair trade, in engaging with each other in a spirit of reciprocity and were determined that people and businesses of both countries must mutually benefit from the deepening engagement.
News Source: PIB
