UAE-India CEPA at Four: Bilateral Trade Crosses USD 100 Billion for Second Year, Partners Target USD 200 Billion by 2032
New Delhi, May 20 -- The UAE-India CEPA Council (UICC) and the UAE-India Business Council, India Chapter (UIBC) jointly convened the Open Majlis: UAE-India CEPA Fourth Anniversary Edition in New Delhi, bringing together senior policymakers, diplomats, industry leaders, and institution-builders to review the agreement's first four years and chart the architecture for its next chapter.
Signed on February 18 2022 and in force since 1 May 2022, the CEPA has driven bilateral trade to USD 101.25 billion in FY 2025-26, crossing the USD 100 billion mark for the second consecutive year, with non-oil trade now accounting for nearly two-thirds of the total.
The leaders of both nations have recently set a new target of USD 200 billion in bilateral ...
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