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One year of India-UAE trade pact; no sign of boost to apparel exports

22 Feb '23
1 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • India and the United Arab Emirates (UAE) had signed the Comprehensive Economic Partnership Agreement (CEPA) one year ago on February 18, 2022. Subsequently, the agreement came into effect on May 1. However, India's apparel exports to the gulf nation have not seen a major boost. In fact, India's exports in 2022 are unlikely to touch the 2021 level.

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