CURRENT AFFAIRS

Detailed explanation-1: -The Union Cabinet has approved signing of the Comprehensive Economic Cooperation and Partnership Agreement (CECPA) between India and Mauritius.

Detailed explanation-2: -CECPA is the first trade Agreement signed by India with a country in Africa. Both sides noted that the traditionally close, strong economic ties between the two countries touched a new high with the signing of the landmark CECPA.

Detailed explanation-3: -India has signed CEPAs with South Korea and Japan.

Detailed explanation-4: -Comprehensive Economic Cooperation and Partnership Agreement between Mauritius and India. The Comprehensive Economic Cooperation and Partnership Agreement (CECPA), between Mauritius and India, signed on 22 February 2021, entered into force on 1 April 2021.

Detailed explanation-5: -The Australia-India Economic Cooperation and Trade Agreement was signed by then Minister for Trade, Tourism and Investment Dan Tehan and India’s Minister of Commerce and Industry, Consumer Affairs and Food, and Public Distribution and Textiles of India Piyush Goyal on 2 April 2022.