<span style="color: #222222;">Commerce and Industry Minister Piyush Goyal has said the India-United Arab Emirates Comprehensive Economic Partnership Agreement, CEPA will be operationalized on 1st May this year. Addressing a Business-to-Business meet on India-UAE CEPA in Dubai yesterday, Mr Goyal said the historic deal sets the tone for new beginnings, extraordinary outcomes and a paradigm shift in our trade ties. He said, this will significantly opens the doors to significant markets all over the world.<br />''<br />''The Minister termed the India-UAE Partnership as the defining strategic partnership of the 21st century. He said, this agreement gives a new direction, a paradigm shift to this relationship. Mr Goyal said the India-UAE CEPA is based on the Prime Minister Narendra Modi's vision of Sabka Saath, Sabka Vikas, Sabka Vishwas aur Sabka Prayas. He said, India wants a larger share of the UAE market as New Delhi sets its eyes on achieving one trillion dollar goods exports by 2030.<br />''<br />''India-UAE &nbsp;CEPA was signed on 18 February, 2022 in New Delhi during the India-UAE Virtual Summit held between Prime Minister Narendra Modi and Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan. The agreement aimed at boosting the merchandise trade between the two countries to 100 billion US dollar over next five years.&nbsp;</span><br />
News On AIR | March 29, 2022 2:10 PM
India-United Arab Emirates Comprehensive Economic Partnership Agreement to be effective from May 1: Piyush Goyal