Recently, with which one of the following countries did India sign the

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Recently, with which one of the following countries did India sign the ‘Comprehensive Economic Partnership Agreement’?

Egypt
Israel
South Africa
United Arab Emirates
This question was previously asked in
UPSC CAPF – 2022
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India and the United Arab Emirates (UAE) signed the Comprehensive Economic Partnership Agreement (CEPA) on 18th February 2022, which came into force on 1st May 2022.
Comprehensive Economic Partnership Agreements (CEPAs) are broader than Free Trade Agreements (FTAs) and cover trade in goods, services, investment, and other areas of economic partnership. India has been actively pursuing such agreements to boost its trade and economic ties globally.
The India-UAE CEPA aims to boost bilateral trade in goods to $100 billion and trade in services to $15 billion within five years. It provides preferential access to each other’s markets, reduces tariffs, and facilitates easier trade and investment flows.

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