Minister Piyush Goyal says Cepa on track to create one million jobs in India

Minister Piyush Goyal says Cepa on track to create one million jobs in India

India and the UAE enjoy strong cultural and economic relations. The two countries are also each other’s key trade partners with robust trade and investment in various sectors. The Cepa has added a new momentum to this relationship. This agreement is beginning to deliver on the shared vision of the leaders which was to see our bilateral economic and commercial exchanges growing exponentially in the years to come. In that sense, the near-record breaking export figures to the UAE come as no surprise. It is heartening to note that these trade gains have been broad based.

Many sectors, including labour-intensive ones such as gems & jewellery, engineering products, automobiles, food products, and chemical products have already experienced significant gains from this landmark agreement. On the employment front, the Cepa is anticipated to create more than 1 million jobs in India in the near future.

The Cepa is a historic agreement of strategic significance to both the partners. While creating a conducive trade ecosystem for businesses in both the nations, this agreement is helping the already strong bilateral relationship to be transformed into a new age, future-ready partnership connecting the visions of the leadership of our two friendly countries.

The true complementary nature of