India And UAE Will Establish A Technical Council 

As part of a Free Trade Agreement signed between the two nations last month, India and the United Arab Emirates will create a Technical Council on Investment, Trade Facilitation, and Facilitation to boost their economic ties. According to the Comprehensive Economic Partnership Agreement (CEPA), which was unveiled on Sunday, both parties would seek to prevent “unnecessary regulatory burden on electronic commerce,”. “The Parties shall establish a UAE-India Technical Council (Council) on Investment and Trade Promotion and Facilitation, comprising representatives of both Parties,” according to the statement.

Include enhancing international facilitation, commerce, and investment collaboration. monitoring trade and investment linkages; spotting chances to increase trade and investment; Describing the trade and investment-related concerns that CEPA has determined call for further debate. Nearly all of the 11,908 tariff items (or products) that India and the UAE handle are covered by the India-UAE Agreement (7,581 tariff items).

The agreement calls for the implementation and upkeep of measures to protect customers from false, dishonest, and fraudulent commercial practices when engaging in online business. According to him, applications for entry permits, temporary stays, work permits, and extensions submitted by service providers will be processed quickly by India and the United Arab Emirates. what the Technology Council wants to achieve.

"India is the preferred market for the UAE for more than 97% of its tariff items, accounting for 99% of the value of India's exports to the UAE. In particular, you will profit from access in all labor-intensive sectors including gems and jewellery, textiles, and leather. On February 18, CEPA was signed between India and the United Arab Emirates, bringing five-year bilateral trade to $100 billion. Industry group CII commented on the deal and criticized the early text disclosure.