In this article, we will explore the fascinating world of Comprehensive Economic Cooperation Agreement and everything it has to offer. From its origins to its impact on today's society, we will dive into every relevant aspect of Comprehensive Economic Cooperation Agreement, offering a complete and detailed overview. We will analyze its importance in different areas, as well as its role in history and its future relevance. This article is intended to serve as a comprehensive guide to Comprehensive Economic Cooperation Agreement, providing readers with a comprehensive understanding of this fascinating topic.
The Comprehensive Economic Cooperation Agreement (CECA) is an agreement between Malaysia and India to strengthen bilateral trade. The agreement is in line with the recommendations given by the Joint Study Group which contained members from both the parties. This was signed by Dr. Manmohan Singh, the then Prime Minister of India and Mr. Najib Razak, the Malaysian Prime Minister on 27 October 2010 at Kuala Lumpur, Malaysia.
The aim of the agreement is to enhance economic and social benefits, improve living standards and ensure high and steady growth in real incomes in their respective territories by expansion of trade and investment flows, to promote economics development and to promote investment between Malaysia and India.