What is the name of the agreement signed between India

and the UAE for economic partnership?

A Free Trade Agreement (FTA) Correct Answer Incorrect Answer

B Bilateral Investment Treaty (BIT) Correct Answer Incorrect Answer

C Comprehensive Economic Partnership Agreement (CEPA) Correct Answer Incorrect Answer

D Trade Cooperation Agreement (TCA) Correct Answer Incorrect Answer

E Economic Cooperation Framework (ECF) Correct Answer Incorrect Answer

Solution

On the occasion of the first anniversary of the implementation of the India-UAE Comprehensive Economic Partnership Agreement (CEPA), Commerce Secretary Shri Sunil Barthwal congratulated the people of India and the UAE on the milestone and talked about CEPA’s role as a growth engine for India-UAE bilateral trade over the past 11 months. CEPA is a full and deep Agreement signed on 18 February 2022, during a virtual summit between the Prime Minister of India, Shri Narendra Modi and His Excellency the President of the UAE and Ruler of Abu Dhabi, His Highness Sheikh Mohamed bin Zayed Al Nahyan. CEPA entered into force from 01 May 2022.

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