Union Minister Piyush Goyal on Sunday said that "never before in the history of FTAs has such an FTA ever happened," after India signed a USD 100-billion free trade pact with the four-nation bloc European Free Trade Association (EFTA).
The third edition of the India-Nepal Economic Partnership Summit 2024 aimed to create a platform to discuss the bilateral economic partnership agenda and to further open new avenues of business engagements in the key sectors of the economy.
Tengku Zafrul Tengku Abdul Aziz, Malaysia's Minister of Investment, Trade and Industry (MITI), has affirmed the strength of economic relations between the UAE and Malaysia, noting that the two countries are close to finalising their Comprehensive Economic Partnership Agreement (CEPA), to be
The negotiations on the expansion of the Comprehensive Economic Partnership Agreement (CEPA) between India and South Korea are likely to conclude in 2024, said Chang Jae-bok, the South Korean Envoy here on Wednesday.
The non-oil bilateral trade between India and the UAE has seen a sizable jump to over USD 50 billion ever since the signing of the CEPA agreement and the aim is now to take it close to USD 100 billion by the end of this decade.
The roundtable featured more than 20 participants from various sectors like logistics, automotives, agriculture, and healthcare, the UAE Embassy in New Delhi announced in a press release.
The CEPA will have significant positive impact on accelerating investment flows in high potential areas such as logistics, healthcare, travel and tourism, infrastructure, and ICT, and will offer a platform for SME cooperation and expansion on both sides.
During the call, the ministers discussed ways to further enhance cooperation across various fields, particularly following the conclusion of negotiations on the Comprehensive Economic Partnership Agreement.
The door for India to the Regional Comprehensive Economic Partnership (RCEP) remains open, said ASEAN Secretary-General Kao Kim Hourn CM on Wednesday, expressing hope that New Delhi will reconsider its participation in the world's largest trade deal.
External Affairs Minister S Jaishankar held discussions with his Bangladesh counterpart Hasan Mahmud on wide-ranging areas of bilateral relations, including defence and economic cooperation, as well as people-to-people exchanges.
According to a Cabinet press release, this decision reflects the commitment of both nations to deepen bilateral relations and foster a more robust economic partnership.
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.