New Delhi, Nov. 27 -- India and the UAE have reaffirmed commitment to expanding non-oil/non-precious metal trade towards the 100 billion USD target by 2030 and agreed to strengthen trade facilitation, regulatory collaboration, data sharing and convening of Services Subcommittee meeting.
At the third meeting of the Joint Committee under the India-UAE CEPA (Comprehensive Economic Partnership Agreement) here, the two sides also reviewed progress under CEPA and discussed market access issues, data sharing, allocation of Gold TRQ (Tariff Rate Quota), anti-dumping matters, services, Rules of Origin, BIS licensing etc.
CEPA is like Free Trade Agreement (FTA). However, CEPA is broader in scope than FTA. While FTA primarily focuses on trade in goo...