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The Economic Times
The Economic Times
National

India-UAE trade has crossed USD 100 billion with help of CEPA, target is USD 200 billion by 2032: UAE envoy

UAE CEPA India Jitin Prasada

India and the UAE are targeting USD 200 billion in bilateral trade by 2032, with trade already crossing the USD 100 billion mark with the help of Comprehensive Economic Partnership Agreement (CEPA) and growing at over 40 per cent, UAE Ambassador to India Abdulnasser Alshaali said on Wednesday at an event marking the fourth anniversary of the trade pact.

Speaking at the UAE-India CEPA Council's "Open Majlis" event held at the India Habitat Centre in New Delhi, Alshaali said the trade agreement has significantly deepened economic ties between the two countries since its launch in 2022.

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