Friday, February 21, 2025 | 11:11 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Free trade agreement to facilitate duty-free exports to UAE kicks off

The India-UAE CEPA will benefit almost 90 per cent of India's exports in terms of value

Photo: Bloomberg
Premium

Photo: Bloomberg

Shreya Nandi New Delhi
A free trade agreement between India and the United Arab Emirates (UAE) that was signed on February 18 came into force from May 1, with the completion of all constitutional and legal processes surrounding the pact.
Commerce Secretary BVR Subrahmanyam on Sunday flagged off the first consignment of goods comprising jewellery products to the UAE under the trade pact, termed as the Comprehensive Economic Partnership Agreement (CEPA), in New Delhi. The consignment, which will now attract zero Customs duty under the trade agreement, is expected to reach Dubai on May 1.
Gems and jewellery sector contributes a substantial portion of India’s exports

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in