All Blog

Blog

COMPREHENSIVE ECONOMIC PARTNERSHIP AGREEMENT

COMPREHENSIVE ECONOMIC PARTNERSHIP AGREEMENT

  • It is a kind of free trade pact which covers negotiation on the trade in services and investment, and other areas of economic partnership.
  • India has signed CEPAs with South Korea and Japan.
  • It may even consider negotiation on areas such as trade facilitation and customs cooperation, competition, and Intellectual Property Rights.
  • Partnership agreements or cooperation agreements are more comprehensive than Free Trade Agreements.
  • CEPA also looks into the regulatory aspect of trade and encompasses an agreement covering the regulatory issues.