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What significant agreement was signed between India and the UAE in February 2022 to enhance their economic relationship?
  • a)
    Comprehensive Economic Partnership Agreement (CEP
  • b)
    Free Trade Agreement (FT
  • c)
    Bilateral Investment Treaty (BIT)
  • d)
    Strategic Cooperation Agreement
Correct answer is option 'A'. Can you explain this answer?
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What significant agreement was signed between India and the UAE in Feb...
The Comprehensive Economic Partnership Agreement (CEPA) was signed between India and the UAE in February 2022. This agreement marked a significant milestone in their economic relationship, making India the first nation to secure such a deal with the UAE. The CEPA has resulted in a notable increase in bilateral trade, reflecting the growing economic ties between the two countries. An interesting fact about CEPA is that it aims to boost bilateral trade from approximately USD 85 billion to USD 100 billion by 2030.
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What significant agreement was signed between India and the UAE in February 2022 to enhance their economic relationship?a) Comprehensive Economic Partnership Agreement (CEPb) Free Trade Agreement (FTc) Bilateral Investment Treaty (BIT)d) Strategic Cooperation AgreementCorrect answer is option 'A'. Can you explain this answer?
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