Comprehensive economic partnership agreement - Latest News Update, Information, Photos & Videos on Comprehensive economic partnership agreement at Lokmat Times

Commerce and Industry Minister Piyush Goyal on Monday said that the Comprehensive Economic Partnership Agreement (CEPA) signed between India and the UAE will provide 10 lakh job opportunities to Indian youths and will increase the bilateral trade between the two nations by USD 100 billion."Both countries will be benefitted from it, be it trade, industry or the people. At least in India, around 10 lakh youths will get job opportunities and bilateral trade will increase by USD 100 billion. The kind of enthusiasm which can be seen in industries, I feel that we can export USD 100 billion through this deal," said Goyal to ANI.He said that the deal is likely to come into effect from the first week of May 2022, opening up a comprehensive array of gains for India in sectors like plastics, furniture, agricultural and food products."The deal will be ratified in 60 days or even less, after that it will be operationalized. The government has done its work, industry and business world now have to show their enthusiasm and initiative so that they can implement this deal. I think that Indian businessmen, industrialists and the MSME sector will get a big boost from it," said the Union Minister for Commerce and Industry.Emphasizing upon the relations between Prime Minister Modi and Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan, he said, "The relation between PM Modi and Crown Prince of UAE is very cordial, due to that CEPA agreement was signed in less time."The CEPA comes opportunely when the UAE which is India's third-largest trade partner, is working with New Delhi to renew trade to a pre-pandemic level of USD 60 billion.India-UAE Comprehensive Partnership Agreement deal was signed during the virtual summit meeting on Friday between Prime Minister Narendra Modi and Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan.( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Comprehensive Economic Partnership AgreementFOLLOW

Comprehensive economic partnership agreement, Latest News

International :India-UAE bilateral trade to surpass USD 88 billion this year

United Arab Emirates' Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan is in India for a two-day official visit ... ...

International :PM Modi visits Abu Dhabi, received and seen off by UAE ruler

Abu Dhabi, June 28 Prime Minister Narendra Modi on Tuesday made a brief stopover at Abu Dhabi on ... ...

Business :India, Bangladesh to soon finalize joint study for comprehensive economic partnership

India and Bangladesh will soon finalize a joint study for a Comprehensive Economic Partnership Agreement (CEPA) that is expected to boost trade and further strengthen economic engagements between the two neighbouring countries. ...

International :India, UAE CEPA agreement to provide 10 lakh job opportunities; increase bilateral trade by USD 100 billion: Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Monday said that the Comprehensive Economic Partnership Agreement (CEPA) signed between India and the UAE will provide 10 lakh job opportunities to Indian youths and will increase the bilateral trade bet ...