India and the UAE recently signed the Comprehensive Economic Partnership Agreement (CEPA) to double bilateral trade in goods to $100 billion over the next five years. As per the agreement, the UAE is expected to offer immediate market access at Zero duty to products accounting for 90% of India’s exports to UAE. This agreement will benefit India’s labor-intensive sectors such as Gems and Jewellery, Textiles, Leather, and Footwear, potentially creating 10 lakh new jobs. Read more about how India can benefit from CEPA and Primus’ take on Free Trade Agreements.
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