Page 251 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)

4/15/25, 4:29 PM Al Zeyoudi: UAE, India Continue To Reap Benefits Of CEPA | Pakistan Point
Al Zeyoudi pointed out that the UAE and India continue to reap tangible benefits from the CEPA,
which over the past three years has led to significant growth in bilateral trade and investment
flows. Non-oil trade between the two countries grew by 20.5%, reaching over AED240 billion in
2024, compared to AED199.3 billion in 2023. This growth underscores the vast opportunities in
trade and investment between the two nations.

India also ranked as the top destination for UAE’s non-oil exports in 2024, accounting for 13.5%
of total non-oil exports—a remarkable year-on-year increase of 75.2% compared to 2023.
He further explained that both nations play a vital role in each other’s economies. India is
the UAE’s second-largest global trading partner after China, while the UAE is India’s third-
largest trading partner, following China and the U.S.

India is also the second-largest investor in the UAE, holding a 6.3% share with investments
totaling nearly US$10 billion by the end of 2022. Conversely, the UAE has cumulative direct
investments in India of around US$23 billion by the end of 2024—making it India’s seventh-
largest global investor and the top Arab investor.

The value of UAE investments flowing into India between April 2022 and December 2024
reached US$10.4 billion, coinciding with the implementation of the CEPA.

https://www.pakistanpoint.com/en/story/1959375/al-zeyoudi-uae-india-continue-to-reap-benefits-of-cep.html 2/2