UAE–India trade set to defy US tariff pressures, eyes $100b milestone
A view of Jebel Ali Port. The surge in non-oil trade between the UAE and India has put both nations on track to surpass the $100 billion annual trade target set when Cepa came into force in 2022.
The UAE and India have reaffirmed their strategic economic partnership with a bold outlook for bilateral trade, even as global headwinds, shifting supply chains, and punitive US trade tariffs create uncertainty for emerging economies.
The message from Mumbai, where UAE Minister of Foreign Trade Dr Thani bin Ahmed Al Zeyoudi met Indian counterpart Piyush Goyal and senior business leaders, was clear: The Comprehensive Economic Partnership Agreement (Cepa) has turned into a resilient engine of growth that can withstand external turbulence.