During a virtual conference on 18th February, 2022, India and the United Arab Emirates finalised a Comprehensive Economic Partnership Agreement (CEPA). This Free Trade Agreement (FTA) which will lower import tariffs on the vast majority of Indian exports to the country reflects mutually reinforcing economic visions and similar geopolitical outlooks of India and UAE. The partnership with the United Arab Emirates (UAE) is at the heart of India’s "Extended Neighborhood Policy," a pioneering Gulf policy. Indians now make up UAE's "biggest minority ethnic group," accounting for about 38 per cent of the country's overall population.
What is CEPA?
