Indian Economy News

‘Defining strategic partnership’: India-UAE trade deal to come into force from 1 May, says Piyush Goyal

  • IBEF
  • March 30, 2022

According to Commerce and Industry, Textiles, Consumer Affairs, Food and Public Distribution Minister, Mr. Piyush Goyal, the Comprehensive Economic Partnership Agreement (CEPA) between India and the United Arab Emirates (UAE) would be operationalized on May 1.

Addressing a Business-to-Business (B2B) Meet on India-UAE CEPA in Dubai last month, the pact looks to the UAE as a gateway to Africa, other GCC and Middle Eastern countries, CIS countries, and some European countries. The meet was also attended by UAE Minister of State for Foreign Trade Thani Al Zeyoudi.

Mr. Goyal said that one of the significant features of the India-UAE CEPA was that it was finalised in a record time span of 88 days.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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