Abu Dhabi, 4 May 2023:
The Ministry of Economy has launched a new survey to assess the impact of the UAE-India Comprehensive Economic Partnership Agreement (CEPA) one year on from its implementation. The survey aims to gather feedback and insights from the those in the private sector, particularly exporters, industrialists, investors, and entrepreneurs, who have been directly or indirectly affected by the CEPA.
The survey consists of six sections that cover a wide range of potential impact areas such as the change in trade volumes, investment flows, new partnerships and employment opportunities, tariff rates and trade barriers, supply-chain efficiencies, and innovation and competition. The responses will be used to benchmark the current impact of the CEPA and also inform future reviews of the agreement by both parties.
The survey, which is posted on the Ministry of Economy’s website (https://www.moec.gov.ae/web/guest/cepa) is the latest part of the ministry’s efforts to engage the private sector on its new trade policy – both to promote its benefits and to gather feedback from the business community.
The UAE-India CEPA was signed on February 18, 2022, and entered into force on May 1, 2022. It was designed to boost bilateral trade and investment between the two countries and covered a wide range of sectors, including trade in goods and services, intellectual property, investment, and dispute resolution, among others.
The survey will be open until June 15th, 2023 and is available in the below link:
https://www.moec.gov.ae/web/guest/cepa
