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Dubai

India-UAE Trade Deal CEPA: Benefits And Key Highlights

The Comprehensive Economic Partnership Agreement (CEPA) will increase bilateral commerce by more than $100 million over the next five years.

From political interactions to trade ties, India and the UAE have made significant strides in strengthening their bilateral ties. The India-UAE free trade agreement is expected to yield significant benefits. The free trade pact is being heralded as India’s first bilateral trade agreement with a country in the Middle East.

The Comprehensive Economic Partnership Agreement (CEPA) will increase bilateral commerce by more than $100 million over the next five years. Moving forward, the CEPA was finalised and signed in less than 90 days. The CEPA will exempt more than 90 per cent of India’s exports from duty.

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