India-UAE Comprehensive Economic Partnership Agreement (CEPA) enforced w.e.f May 1st, 2022
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- Last Updated on 3 May, 2022
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Press Release Dated May 1st, 2022
The historic India-UAE Comprehensive Economic Partnership Agreement (CEPA) which was signed between the two nations on 18 February 2022, officially entered into force from May 1st, 2022.
Overall, India will benefit from preferential market access provided by the UAE on over 97 % of its tariff lines which account for 99% of Indian exports to the UAE in value terms particularly from labour-intensive sectors such as Gems and Jewellery, Textiles, leather, footwear, sports goods, plastics, furniture, agricultural and wood products, engineering products, pharmaceuticals, medical devices and Automobiles.
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