In May 2017, the Central Government had launched SAMPADA (Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters) with an allocation of Rs 6,000 crore. The scheme was renamed PMKSY in August 2017.
The CEPA, is a free trade agreement between the two countries to increase the bilateral trade from the current USD 60 billion to USD 100 billion in the next 5 years.
United Nations Conference on Trade and Development is an intergovernmental organisation, established in 1964 in Geneva, Switzerland, with an aim to promote trade among developing countries.
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