Overview
- Marking the agreement’s fourth year, Piyush Goyal said merchandise trade under CEPA has crossed $100 billion since it took effect.
- He said services trade is rising, giving Indian firms access to new markets and better value.
- The minister cited gains for gems and jewellery, engineering goods, electronics, and agriculture under the pact.
- He pointed to higher UAE investment into India and more outbound investment by Indian companies as signs of deeper ties.
- Goyal added that he held a virtual discussion with UK trade chief Peter Kyle to explore closer links under the India–UK CETA.