Historic India-UAE Trade Deal Effective From May 1, Says Emirati Minister
NDTV
India-UAE CEPA, a comprehensive path-breaking trade agreement between India and the UAE, was signed during a virtual summit between Prime Minister Narendra Modi and Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed al Nahyan on February 18.
The "historic" Comprehensive Economic Partnership Agreement between India and the UAE will come into effect on May 1, an Emirati minister said today. Are you ready for a new era of opportunity? #IndiaUAECEPA comes into effect on May 1, reducing tariffs, removing barriers to trade to helping our exporters access the world's sixth-largest economy. See our website for all the details you need: https://t.co/axi14J79aU
The agreement will provide significant benefits to Indian and UAE businesses, including enhanced market access and reduced tariffs.
Minister of State for Foreign Trade Thani Al Zeyoudi took to Twitter to announce that India and the UAE'S Comprehensive Economic Partnership Agreement (CEPA) will come into effect on May 1.
"Are you ready for a new era of opportunity? #IndiaUAECEPA comes into effect on May 1, reducing tariffs, removing barriers to trade to helping our exporters access the world's sixth-largest economy," he said in a tweet.