Comprehensive Economic Partnership Agreement (CEPA)

Share with Your Friends

Comprehensive Economic Partnership Agreement (CEPA) 

The Union Cabinet has approved Comprehensive Economic Cooperation and Partnership Agreement- CECPA, (CEPA) between India and Mauritius.

The CECPA (CEPA) agreement, signed by India-Mauritius, will be the first trade agreement by India with a country based in Africa.

Key Points – CEPA:

It is a limited agreement that will cover only few select sectors. It will cover Trade in Goods, Rules of Origin, Trade in Services, Technical Barriers to Trade (TBT), Sanitary and Phytosanitary (SPS) measures, Dispute Settlement, etc.

In simple terms, CECPA will act as an institutional mechanism to encourage and improve trade between the two countries.

India and Mauritius have agreed to negotiate an Automatic Trigger Safeguard Mechanism (ATSM) for some highly sensitive products within two years of the signing of the agreement.

It is important to note that since 2005, India has been one of the largest trading partners of Mauritius and one of the largest exporters of goods and services to Mauritius.

Source – The Hindu

Download Our App

More Current Affairs

Was this article helpful?

Leave a Comment

Click to Join Our Current Affairs WhatsApp Group

Join Our Whatsapp Group For Daily, Weekly, Monthly Current Affairs Compilation & Daily Mains Answer Writing Test & Current Affairs MCQ

In Our Current Affairs WhatsApp Group you will get daily Mains Answer Writing Question PDF and Word File, Daily Current Affairs PDF and So Much More in Free So Join Now

Register For Latest Notification

Register Yourself For Latest Current Affairs

June 2023
« May    

Mains Answer Writing Practice

Recent Current Affairs (English)

Current Affairs (हिन्दी)

Subscribe Our Youtube Channel

Register now

Get Free Counselling Session with mentor

Download App

Get Youth Pathshala App For Free

Hi, there

Welcome to Youth Destination IAS

We have a perfect gift For you:
Open Access to the Youth Destination Library