<h1>India and South Africa Sign Mutual Recognition Agreement to Boost Chartered Accountants' Global Mobility and Opportunities.</h1> The Union Cabinet of India has approved a Mutual Recognition Agreement between the Institute of Chartered Accountants of India (ICAI) and the South African Institute of Chartered Accountants (SAICA). This agreement aims to enhance cooperation, advance accounting knowledge, and facilitate professional development between the two countries. It will enable Indian accountancy professionals to gain recognition in South Africa, fostering stronger relations between the institutes and increasing professional mobility. The agreement is expected to create more employment opportunities for Indian Chartered Accountants in South Africa and strengthen the ICAI's presence in the region.