The UAE and India are growing nearer financial and diplomatic ties as commerce jumped virtually 20 per cent to $65bn final 12 months.
Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Overseas Commerce, met with the Indian Enterprise Council within the UAE to discover new avenues for strengthening financial ties and personal sector collaboration between the 2 international locations.
The assembly builds on the Comprehensive Economic Partnership Agreement (CEPA), which entered into power in Could 2022 and has been instrumental in driving bilateral commerce and funding.
UAE-India commerce
Al Zeyoudi underscored the importance of India as a trading partner, noting that non-oil commerce between the UAE and India reached $65bn in 2024, reflecting strong development of 19.7 per cent in comparison with the earlier 12 months.
He stated: “India is an important accomplice within the UAE’s commerce panorama. As we speak’s discussions had been centred on maximising the advantages of our CEPA to foster deeper collaboration between our vibrant non-public sectors.”
The CEPA with India was the primary such settlement signed by the United Arab Emirates below its formidable and ongoing international commerce programme.
Since then, it has opened new alternatives throughout sectors together with agricultural manufacturing, renewable power, and logistics, whereas boosting non-public sector collaboration.
Reflecting on progress for the reason that settlement was signed, Al Zeyoudi pointed to a number of joint initiatives launched in 2025:
- India-UAE Begin-Up Collection – serving to entrepreneurs entry one another’s markets
- Bharat Mart – a serious advanced within the United Arab Emirates that can allow Indian producers and exporters to succeed in world markets
- Cross-border funds integration – work underway to enhance effectivity and scale back obstacles
- UAE-India CEPA Council – established to make sure each nations maximise the alternatives introduced by CEPA
The CEPA has already delivered vital outcomes, decreasing commerce obstacles and enhancing funding flows between the 2 international locations.
The settlement’s vital affect is clear within the sustained rise in bilateral commerce, reinforcing the United Arab Emirates and India’s positions as important companions within the world financial system.