Japan-India Comprehensive Economic Partnership Agreement

The Japan-India Comprehensive Economic Partnership Agreement (CEPA) is a trade deal between Japan and India designed to boost economic ties. It aims to reduce tariffs (taxes on imports) and streamline customs procedures, making it easier and cheaper for businesses to trade goods and services. The agreement also encourages investment and cooperation in technology, infrastructure, and innovation. By strengthening economic collaboration, CEPA seeks to create more opportunities for companies and consumers in both countries, promoting sustainable growth and deeper bilateral relations.