Topic: Effect of policies and politics of developed and developing countries on India’s interests, Indian diaspora.
3. The signing of Comprehensive Economic Partnership Agreement (CEPA) can be the peak in the ever-growing strategic relations between India and the United Arab Emirates and bring in mutual benefits to both the countries. Comment. (250 words)
Difficulty level: Moderate
Reference: Economic Times
Why the question:
India and the United Arab Emirates on Wednesday announced the launch of the negotiations for a mutually beneficial Comprehensive Economic Partnership Agreement (CEPA) with the aim to end talks by the end of this year and sign a formal agreement in March next year.
Key Demand of the question:
To write about how CEPA can benefits India and UAE while bring the countries strategically closer.
Comment– here we must express our knowledge and understanding of the issue and form an overall opinion thereupon.
Structure of the answer:
Begin by giving context launch of the negotiations for a mutually beneficial Comprehensive Economic Partnership Agreement (CEPA) between India and UAE.
In the first part, in brief, giving a account of tries between India-U.A.E till recent times. (You can make use of a flow chart for better presentation).
Next, describe the proposed CEPA – how it will benefit both India and U.A.E in terms of trade, investments, technology, infrastructure and etc labour.
Bring out the strategic implications of signing of CEPA and any potential bottlenecks in signing it.
Conclude with a way forward for realisation of a mutually beneficial CEPA.