Current Affairs · International Relations & Trade Agreements
India and the United Arab Emirates (UAE) periodically hold high-level reviews under the India-UAE Comprehensive Economic Partnership Agreement (CEPA). Consider the following statements: 1. Bilateral strategic dialogues emphasize technical cooperation, industrial investment diversification, and sustainable production in sectors like green steel and metals. 2. The India-UAE CEPA is a historical milestone trade pact that has progressively eliminated or substantially reduced tariffs on a vast majority of traded goods lines. 3. The agreement mandates that both countries must merge their central banks into a single shared financial regulatory body across the Gulf region. Which of the statements given above are correct?
- 11, 2 and 3
- 21 and 3 only
- 32 and 3 only
- 41 and 2 only✓
Correct answer
1 and 2 only
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