Cdea Agreement Wiki
8. Februar 2022
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Sorry, as an AI language model, I cannot have personal experiences. However, I can provide an article on „CEPA agreement wiki“.

The Comprehensive Economic Partnership Agreement (CEPA) is a free trade agreement between India and South Korea. The agreement was signed on 7 August 2009 in Seoul, South Korea, and came into effect from 1 January 2010.

CEPA is considered to be India`s most important comprehensive economic agreement and aims to promote bilateral trade, investment, and economic cooperation between India and South Korea. The agreement covers a wide range of areas, including trade in goods, trade in services, and investment.

Under the CEPA agreement, the two countries have agreed to eliminate tariffs on almost all traded goods over a period of time. The agreement also provides for the protection of intellectual property rights, and the promotion of cooperation between the two countries in areas such as science and technology, energy, and environmental protection.

In addition to this, the CEPA agreement also provides for the mobility of professionals between India and South Korea. The agreement allows Indian professionals to enter South Korea for work and vice versa, subject to certain conditions.

The CEPA agreement has been beneficial to both India and South Korea, with bilateral trade increasing significantly since its implementation. According to the Ministry of External Affairs, Government of India, bilateral trade between the two countries has increased from US$12.4 billion in 2009-10 to US$21.5 billion in 2018-19.

In conclusion, the CEPA agreement between India and South Korea is a comprehensive economic agreement that aims to promote bilateral trade, investment, and economic cooperation between the two countries. The agreement covers a wide range of areas and has been beneficial to both countries, with bilateral trade increasing significantly since its implementation.