India-UAE Trade Crosses $100 Billion; Eyes $200 Billion by 2032

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CEPA Boost India UAE Bilateral Trade Crosses $100B

India and the UAE have achieved another significant milestone, as trade between the two countries has surpassed $100 Billion. It is the result of a specific type of trade agreement, known as the Comprehensive Economic Partnership Agreement (CEPA). It was established by India and the UAE in 2022.

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Addressing the occasion in New Delhi, Abdulnasser Alshaali, Ambassador to India from the UAE, said: “This deal has greatly helped to bolster the economic ties of both countries and has helped drive steady and robust growth for the last few years.” Regarding the future, both countries’ new aim is to double their trade volumes and reach $200 billion by 2032.

Abhyudaya Mittal

Abhyudaya Mittal is a Content Writer at TradeFlock with 5+ years of experience in research-led writing across business journalism, tech, and finance. He has authored over 200 articles, specializing in data-driven market analysis and research-backed case studies that help readers understand how businesses actually work. His writing brings fresh angles by anticipating what a reader would be thinking at each point, ensuring no relevant detail is missed, and he holds off on conclusions until the data and metrics back them up. As a journalist, he has had firsthand experience engaging with business leaders, policymakers, and the public.