CURRENT AFFAIRS

Detailed explanation-1: -On February 22, India signed its first free trade agreement (FTA) with Mauritius, its first such agreement with an African nation. Known as the Comprehensive Economic Cooperation and Partnership Agreement (CECPA), the historic pact will strengthen regional commercial ties.

Detailed explanation-2: -UPSC Mains. Q. Which is the first African country, with which India signed a free trade agreement? Notes: India and Mauritius signed a free trade agreement, the comprehensive economic cooperation and partnership agreement (CECPA).

Detailed explanation-3: -Australia ratifies FTA with India The two sides had signed the Economic Cooperation and Trade Agreement on April 2 this year.

Detailed explanation-4: -The CECPA is the first trade Agreement signed by India with a country in Africa.

Detailed explanation-5: -India has signed 13 Regional Trade Agreements (RTAs)/Free Trade Agreements (FTAs) with various countries/regions namely, Japan, South Korea, countries of ASEAN region and countries of South Asian Association for Regional Cooperation (SAARC)Mauritius, United Arab Emirates, Australia.