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India is making tremendous profit after this agreement with Australia and the UAE.
I am talking about CEPA, which stands for Comprehensive Economic Partnership Agreement, due to which India can engage in free trade with these countries.
As a result, India’s trade deficit with Australia and the UAE is continuously decreasing. This means that we are exporting more to these countries than before.
The trade deficit with Australia, which was previously 12 billion dollars, has now come down to 8 billion dollars, while with the UAE, this number has decreased from 21 billion to 12.4 billion dollars.
If you want to know the latest news about imports and exports, follow now.