India, UAE sign comprehensive trade pact
India and the United Arab Emirates (UAE) signed a bilateral “comprehensive” trade pact on Friday. Announcing the Comprehensive Economic Partnership Agreement (CEPA), the biggest trade pact of the last seven years, Prime Minister Narendra Modi welcomed investment from the Gulf country into Jammu and Kashmir and said the initiative would open new routes for regional trade and connectivity and advance “collective interests” of India, Israel, the UAE, and the United States. Commerce and Industry Minister Piyush Goyal said the CEPA would have strong anti-dumping measures.
