Q7 · UPPSC current affairs · 14 September 2026 · News · India UAE CEPA Bilateral Trade

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English हिंदी

Consider the following statements regarding bilateral trade between India and the UAE:1.The India-UAE Comprehensive Economic Partnership Agreement (CEPA) was signed in 2022 to provide duty-free access for major export sectors.2.Bilateral trade growth is further anchored by India's membership in the European Union.Which of the statements given above is/are correct?

A 1 only

B 2 only

C Both 1 and 2

D Neither 1 nor 2

Correct answer: (a) 1 only

Explanation

Statement 1 is correct as the India-UAE CEPA was signed in 2022. Statement 2 is incorrect because the trade growth is anchored by the CEPA and the UAE's inclusion in BRICS, not the European Union.

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