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The Union Commerce and Industry Minister, while talking to press expressed his desire that India and USA both should work together for a Comprehensive Economic Partnership Agreement (CEPA). How will this help India ? It is the agreement which allows liberalization of trade in goods by cutting/eliminating tariffs on most or all goods from both the sides. It will help in easing of the flow of investment and special treatment to each other. It will help USA to outsource more jobs to Indian companies and also to employ more Indians without any restriction.
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