The pact covers areas including goods, services, rules of origin, customs procedures, government procurement, intellectual property rights, and e-commerce.
Prime Minister Narendra Modi and Crown Prince of Abu Dhabi Sheikh Mohammed bin Zayed Al Nahyan on Friday laid out an ambitious roadmap of new frontiers and a new milestone for a future-oriented partnership between India and the UAE.
He further said that he is confident that the UAE-India Comprehensive Economic Partnership Agreement will be regarded as an achievement. Al Marri highlighted that the leaders of the G-20 summit in 2020 said that "trade is now more important than ever." India-UAE Economic Pact Will Be Foundation Stone for Next Era of Success, Says UAE Minister Abdulla bin Touq Al Marri.
UAE Minister of Economy Abdulla bin Touq Al Marri on Friday said the Comprehensive Economic Partnership Agreement (CEPA) signed today with India will be the foundation stone for this next era of success.
Terming the India-UAE Comprehensive Economic Partnership Agreement (CEPA) as a game-changer in economic ties, Prime Minister Narendra Modi said that deal will help enhance bilateral trade in goods to USD 100 billion and services to USD 15 billion in the next 5 years.