2023
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U.A.E
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France
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Detailed explanation-1: -Gold and food manufacturing are currently the leading trade sectors between India and the UAE, Mr Lootah said.
Detailed explanation-2: -The agreement, negotiated in a record 88 days, was signed on 18 February. This is the first major bilateral free trade pact signed by the Narendra Modi-led government and is likely to benefit $26 billion worth of Indian goods that were subjected to a 5% import duty by the UAE.
Detailed explanation-3: -India’s eight major export sectors to UAE i.e. Stone and Glass, Fuels, machinery and electrical, Textile and Clothing, Metals, Chemicals, transport and Vegetables contributed around 90% in India’s total exports to UAE, Dalmia added.
Detailed explanation-4: -The historical India-UAE Comprehensive Economic Partnership Agreement (CEPA) was signed on February 18, 2022 during the virtual summit attended by Indian Prime Minister Narendra Modi and President of the UAE Sheikh Mohamed bin Zayed Al Nahyan.