{"id":24796,"date":"2022-02-18T22:38:26","date_gmt":"2022-02-18T17:08:26","guid":{"rendered":"https:\/\/tradebrains.in\/features\/uae-india-cepa-jaishankar\/"},"modified":"2022-02-18T22:38:26","modified_gmt":"2022-02-18T17:08:26","slug":"uae-india-cepa-jaishankar","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/uae-india-cepa-jaishankar\/","title":{"rendered":"India-UAE CEPA will lead to glorious, shared future: EAM Jaishankar"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3415921580\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p> Dubai, Feb 18 (PTI) External Affairs Minister S Jaishankar said the Comprehensive Economic Partnership Agreement (CEPA) signed between India and the UAE on Friday marked a milestone in the bilateral ties, which will lead to a glorious, shared future and enhanced investments.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4129154551\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p> The path-breaking trade agreement was signed during a virtual summit between Prime Minister Narendra Modi and Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed al Nahyan on Friday. The agreement was signed and exchanged by Commerce and Industry Minister Piyush Goyal and UAE Minister of Economy Abdulla bin Touq Al Marri in New Delhi.<\/p>\n<p> In an exclusive statement to UAE&#8217;s official Emirates News Agency WAM, Jaishankar said the signing of the UAE-India CEPA &#8220;is a milestone event in our bilateral relations&#8221;.<\/p>\n<p> &#8220;It will open new opportunities in both trade in goods and services, and will lead to enhanced investments,&#8221; he said.<\/p><div class=\"trade-content_5\" id=\"trade-1002157573\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> &#8220;A vision document (signed during the virtual summit) will provide contours for future growth of our bilateral relationship for a glorious, shared future. Overall, the two (CEPA and the vision document) will deepen our strategic partnership,&#8221; Jaishankar said.<\/p>\n<p> The UAE is India\u2019s third largest trading partner and accounts for approximately 40 per cent of its trade with the Arab world, the WAM report said.<\/p>\n<p> In September last year, India and the UAE formally launched negotiations for the trade agreement.<\/p>\n<p> The pact covers areas including goods, services, rules of origin, customs procedures, government procurement, intellectual property rights, and e-commerce.<\/p>\n<p> Under such agreements, two trading partners reduce or eliminate customs duties on the maximum number of goods traded between them. Besides, they also liberalise norms to enhance trade in services and boost investments.<\/p>\n<p> Bilateral trade between India and the UAE stood at USD 43.3 billion in 2020-21. Exports were worth USD 16.7 billion and imports aggregated at USD 26.7 billion in 2020-21. The two-way commerce stood at USD 59.11 billion in 2019-20.<\/p><div class=\"trade-content-10\" id=\"trade-1239834238\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> The UAE is a gateway to Africa and other parts of the world. PTI SCY AKJ  SCY SCY<\/p>\n<div class=\"trade-after-content\" id=\"trade-2595249169\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Dubai, Feb 18 (PTI) External Affairs Minister S Jaishankar said the Comprehensive Economic Partnership Agreement (CEPA) signed between India and the UAE on Friday marked a milestone in the bilateral ties, which will lead to a glorious, shared future and enhanced investments. The path-breaking trade agreement was signed during a virtual summit between Prime Minister [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1697,31],"tags":[],"class_list":["post-24796","post","type-post","status-publish","format-standard","hentry","category-economy","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>India-UAE CEPA will lead to glorious, shared future: EAM Jaishankar - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/uae-india-cepa-jaishankar\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India-UAE CEPA will lead to glorious, shared future: EAM Jaishankar\" \/>\n<meta property=\"og:description\" content=\"Dubai, Feb 18 (PTI) External Affairs Minister S Jaishankar said the Comprehensive Economic Partnership Agreement (CEPA) signed between India and the UAE on Friday marked a milestone in the bilateral ties, which will lead to a glorious, shared future and enhanced investments. 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