India–UAE Strengthen Economic Ties with $100 Billion Trade Goal
India and the United Arab Emirates (UAE) have reinforced their strategic economic partnership by announcing a joint target of $100 billion in bilateral trade by 2030, excluding oil and precious metals. The move highlights both nations’ intent to diversify trade relations and unlock opportunities in emerging sectors.
The trade target is a direct outcome of the growing success of the India–UAE Comprehensive Economic Partnership Agreement (CEPA). Since its implementation, the agreement has boosted trade volumes and opened pathways for collaboration in multiple industries. By focusing on non-oil trade, the two nations are signaling a future-oriented approach, tapping into areas such as green energy, digital transformation, startups, infrastructure, and healthcare.
Leaders emphasized that the new target aligns with their long-term vision for sustainable growth. It is also expected to provide a strong platform for small and medium-sized enterprises (SMEs), entrepreneurs, and innovators from both nations to collaborate.
Beyond economics, the decision reflects the strong people-to-people ties between India and the UAE, home to a large Indian diaspora. The trade target represents not just numbers but also the deep trust and strategic alignment that the two countries continue to nurture on the global stage.
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