(T.E.T)
Prime Minister Narendra Modi could announce India’s Comprehensive Economic Partnership Agreement (CEPA) with the UAE during his proposed visit to the Gulf country early January, with negotiations for the pact expected to be concluded by this Friday.
The India-UAE CEPA negotiations have entered the final stage. Both sides are expected to finalise the proposals by this Friday and are giving final touches to the document, ET has reliably gathered.
Modi is expected to announce the CEPA, India’s first in the Gulf region, during his proposed visit to the UAE. In fact, this would be India’s maiden CEPA with a key economy in recent times. New Delhi expects also to finalise a free-trade agreement with Israel next year and has expedited negotiations with Australia for the trade pact. An early harvest trade deal with the UK could be concluded next spring.
