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National News

Bommai expresses happiness as India-UAE signs CEPA

Chief Minister Basavaraj Bommai

New Delhi: At the virtual summit on Friday, India and the UAE signed a landmark Comprehensive Economic Partnership Agreement (CEPA). Everyone believes that CEPA will be a game-changer in the economic ties between the two countries.

With enhanced market access, bilateral trade in goods should rise to $100 billion and services to $15 billion in the next five years, said Prime Minister Modi.

Chief Minister Basavaraj Bommai posted a KOO expressing happiness over the deal.

A historic moment to witness as India- UAE signs the Comprehensive Economic Partnership Agreement (CEPA) at the virtual summit.

This will provide significant benefits to businesses of both nations including enhanced market access and reduced tariffs as well as usher in a whole new era of bilateral trade and cooperation.

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