Page 515 - MOE ENGLISH PR REPORT - JANUARY 2025

1/21/25, 3:04 PM UAE-India Non-Oil Trade Jumps 22.6% To $53.8 Billion
Kerala offers many promising economic and investment opportunities, Al Marri said, and the
two parties aim to provide more opportunities and capabilities for the private sector and

entrepreneurs.

During the meeting, the two ministers emphasised taking advantage of opportunities that are
offered by the Comprehensive Economic Partnership Agreement (Cepa) signed earlier to

boost bilateral trade.

The UAE-India Cepa came into force on May 1, 2022, offering greater access for UAE exports
entering the Indian market through the reduction or removal of tariffs on more than 80 per

cent of products as well as enhanced market access for UAE's service providers across 11
sectors and more than 100 sub-sectors among others. The two countries are aiming to boost

bilateral trade to $100 billion in the coming years.

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