India-UAE Comprehensive Economic Partnership Agreement

On February 18, 2022, India and the United Arab Emirates (UAE) are set to firm up a Comprehensive Economic Partnership Agreement (CEPA), during a virtual summit.

Highlights

• Virtual Summit will be held between Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed al Nahyan and Prime Minister Narendra Modi.
• Both leaders are likely to lay out their vision of the historic and friendly bilateral relations, at a time when UAE is marking 50^th anniversary of its foundation and India is celebrating 75 years of its independence.
• Both the leaders will discuss bilateral cooperation and exchange views on international and regional issues of mutual interest.

Signing of Comprehensive Economic Partnership Agreement (CEPA)

At the summit, both the leaders will sign the CEPA, on which negotiations were launched in September 2021 and now stands completed. This agreement would take economic and commercial engagement of both the countries to next level.