Assocham, SAIF Zone showcase opportunities in UAE

Vijayawada In line with the Comprehensive Economic Cooperation Agreement (CEPA) signed by India and the UAE, Assocham organised one to one meetings on Monday and Tuesday between its members and delegates from Sharjah Airport International Free (SAIF) Zone, Government of Sharjah.

CEPA is considered an important milestone in trade relations between the two countries. The businesses from both India and UAE have already started leveraging upon the duty waivers and enhanced market access offered under the CEPA, resulting in not only boosting bilateral trade but also two-way investment flows.

The meetings helped Vijayawada-based industries to understand the benefits of India-UAE CEPA & how Indian companies can expand their operations into foreign markets through establishing branches and subsidiaries and using UAE as base to enter and capture the other Gulf countries, Africa and Europe.