Page 243 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)

UAE And India Strengthen Economic Ties Through

CEPA With Significant Trade Growth In 2024

By OneArabia
Published: Wednesday, April 9, 2025, 15:21 [GST]

Dr. Thani bin Ahmed Al Zeyoudi, the UAE's Minister of State for Foreign Trade, highlighted the strong
commitment between the UAE and India to enhance their strategic partnership. This collaboration
aligns with both nations' development goals, fostering sustainable economic growth and prosperity
for their citizens.

The official visit by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum to India marks a
significant milestone as the two countries near the third anniversary of their Comprehensive
Economic Partnership Agreement (CEPA). This agreement, effective from 1st May 2022, was the
first under the UAE's CEPA programme and underscores the enduring ties between these nations.

Al Zeyoudi noted that CEPA has significantly boosted trade and investment between the UAE and
India over three years. Non-oil trade surged by 20.5%, reaching over AED240 billion in 2024,
compared to AED199.3 billion in 2023. This growth highlights vast opportunities for both countries
in trade and investment.

https://www.onearabia.me/local/uae-india-benefits-of-cepa-2024-011-104969.html