He said bilateral trade has increased under the India-UAE Comprehensive Economic Partnership Agreement (CEPA). He also highlighted key collaborations such as the India-Middle East-Europe economic corridor and initiatives to promote Rupay and facilitate direct trade between rupee and dirham.
The United Arab Emirates and Mauritius have concluded the terms of a Comprehensive Economic Partnership Agreement (CEPA), marking the first concluded by the UAE with an African nation and paving the way for increased trade and investment flows and bilateral private-sector collaboration.
"Another element of discussion where we would try to move forward is the possibility of Rupee trade which can work between the two countries but this is still at an exploratory stage but can be an important element of cooperation going forward," Kwatra said while responding to ANI questio
Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and Irakli Garibashvili, Prime Minister of Georgia, today witnessed the signing of a Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Georgia. The CEPA aims to doubl
The 15th Meeting of the Joint Working Group on Trade (JWG) between India and Bangladesh was held on September 26 and 27 in Dhaka, Bangladesh, where the two nations discussed various bilateral issues, including removal of port restrictions, the groundwork for the commencement of the Comprehen
Mauritius Prime Minister Pravind Jugnauth on Thursday highlighted India’s support seen in all sectors of the Mauritian economy and said that New Delhi was the first to sign an agreement with Port Louis – the first country in Africa to sign Comprehensive Economic Partnership Ag
Thani Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade has said that the India-UAE Comprehensive Economic Partnership Agreement (CEPA) agreement signed in 2022 has benefited the bilateral trade between the two nations.
The CEPA, signed during a virtual summit in March 2022 with the participation of President His Highness Sheikh Mohamed bin Zayed Al Nahyan and President Recep Tayyip Erdogan of Türkiye, has been officially ratified by their governments in preparation for its implementation.
“Now, just like that, the Rupee-Dirham mechanism which we have just signed, is the first one for both of us. In that sense, it's extremely significant. I actually see it as a paradigm shift in how we can make trade settlements”, he added.
During the past ten years (2013-2022), the trade growth rate between the two countries amounted to 18.2 per cent, from AED 159.72 billion to AED188.8 billion last year, to reach AED1.41 trillion in 10 years.
The meeting between His Highness Sheikh Mohamed and the Turkish President follows the signing earlier this year of a Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Turkiye that aims to enhance strategic cooperation and sustainable economic growth for the benefit of t
Rajesh Kumar Singh, secretary Secretary, Department for Promotion of Industry and Internal Trade (DPIIT) has highlighted that the India-UAE Comprehensive Economic Partnership Agreement (CEPA), which was negotiated in just 88 days, was path-breaking and has become a significant turning point