The next round of negotiations is expected in July-August, 2025. India and Chile aim to conclude their trade negotiations for a Comprehensive Economic Partnership Agreement (CEPA) by 2026.
A lot of the trade between the two countries is taking place via preferential routes using the Comprehensive Economic Partnership Agreement (CEPA) between the two countries, Union Commerce Secretary Sunil Barthwal said.
Australia and the UAE are currently minor markets for India’s seafood shipments, the industry reckons that it would help export prospects in the future as the major markets such as the US, China, and Europe continue to be dogged by problems of inflation
The official said the FAQs would provide answers to questions including on benefits of the pact for the domestic industry; the tariff concessions offered by India and the UAE to each other in goods; important categories of products in the exclusion list; export opportunities for India; and definition of ’originating products’ under the agreement.
India and the United Arab Emirates (UAE) signed the Comprehensive Economic Partnership Agreement (CEPA) on the sidelines of the India-UAE Virtual Summit held on February 18.
The Indian delegation was led by Union Minister of Commerce and Industry Piyush Goyal, while the UAE delegation was led by Minister of Economy Abdulla bin Touq Al Marri and Minister of State for Foreign Trade Thani bin Ahmed Al Zeyoudi.
India-UAE Trade Deal Highlights: The CEPA is likely to include areas like trade, investment, goods and services. UAE is India's third-largest trade partner, and bilateral trade and investment ties are expected to see significant enhancements, through this deal.
The CEPA, signed in 2011 between the two nations, is one of the most comprehensive agreements. It has covered areas such as goods and services, rules of origin, IPR, government procurement, customs procedure etc.
Jaitley yesterday met his Canadian counterpart Bill Morneau and Canada's International Trade Minister Chrystia Freeland and reviewed progress in India Canada relationship including proposed Comprehensive Economic Partnership Agreement (CEPA) and Foreign Investment and Promotion and Protection Agreement (FIPA).
APEC is a platform for 21 Pacific Rim member economies (lands around the rim of the Pacific Ocean) that promotes free trade throughout the Asia-Pacific region.
Modi said, "India is a land of possibilities with excellent human resources and a technological base and Japan has been there at every turning point. The growth in Index of Industrial Production (IIP) numbers reflects that India is a country of opportunities."
The focus of the visit will be on forging greater synergies between two major Asian economies and take forward the special strategic ties.
Modi said India and Sri Lanka should move "boldly" to conclude a long pending Comprehensive Economic Partnership Agreement (CEPA). Stating that Sri Lanka has the potential to be India's "strongest economic partner" in the region, Modi said it should not worry about India's economic size.
In a bid to fast track talks for the proposed Free Trade Agreement (FTA), India and Canada are likely to hold the seventh round of negotiations in February in New Delhi, a Canadian envoy said today.
India-Japan Comprehensive Economic Partnership Agreement (CEPA)
The comprehensive free trade pact between India and Japan has come into force from today, a move which will boost bilateral trade between the countries to USD 25 billion by 2014.
Inviting investments from South Korea and other countries into the infrastructure sector, President Pratibha Patil today said nearly USD 1 trillion will be spent in the coming years to improve India's roads, ports, railways and other core sectors.
India and Japan are scheduled to implement a comprehensive free trade agreement from August 1 to boost bilateral trade between the countries to USD 25 billion by 2015.
Canada today said it wants to conclude the ongoing negotiations for a comprehensive market opening pact with India by 2013.