Union Minister of Commerce & Industry, Consumer Affairs and Food & Public Distribution and Textiles, Piyush Goyal has said the India-UAE Comprehensive Economic Partnership Agreement or CEPA will be operationalized on May 1, 2022. Addressing a Business-to-Business (B2B) Meet on India-UAE CEPA in Dubai on Monday, he said the historic deal sets the tone for new beginnings, extraordinary outcomes & a paradigm shift in our trade ties. Goyal said India looks to UAE as a gateway to Africa, other GCC and Middle Eastern countries, CIS countries and some European countries. The India-UAE CEPA, covering Merchandise Trade and Services, has many first to its credit including the fact that the trade pact was sealed in a record short time span of 88 days.
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