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UAE-India Cepa ignites big trade boom, nears $100 billion target

Non-oil trade — a critical pillar of the UAE’s diversification strategy — has been turbocharged by the
deal, says Dr Al Zeyoudi
Published: Mon 3 Mar 2025, 3:45 PM

• By

• Issac John

UAE Minister of State for Foreign Trade Dr Thani bin Ahmed Al Zeyoudi hailed CEPA as a
gamechanger, emphasising its role in unlocking new trade and investment avenues.

A landmark trade agreement between the UAE and India has fuelled a remarkable surge in
bilateral commerce, with merchandise trade soaring from $43.3 billion in FY 2020–21 to $80.5
billion in the first 10 months of the current fiscal year, according to latest data.

The Comprehensive Economic Partnership Agreement (Cepa), signed three years ago, has not only
revitalised economic ties but also positioned the two nations to smash their $100 billion trade

target years ahead of the 2030 deadline while scripting a new playbook for global economic

https://www.khaleejtimes.com/business/uae-india-cepa-ignites-big-trade-boom-nears-100-
billion-target-3?_refresh=true