Team Blitz India
NEW DELHI: The non-oil bilateral trade between India and the UAE has seen a sizable jump to over $50 billion ever since the signing of the Comprehensive Economic Partnership Agreement (CEPA). The aim is now to take it close to $100 billion by the end of this decade said UAE-India CEPA Council Director, Ahmed Aljnebi.
“Since 2022, when the CEPA was signed, non-oil bilateral trade has witnessed a 16 per cent increase between the two partner countries, reaching over $50 billion,”Aljnebi saidwhile speaking to ANI.
“And we aim to make that around $100 billion by 2030. The CEPA Council aims to leverage the benefits of the agreement by informing the business community here in India, and specifically today here in Chennai, one of our first roundtables that we had. It’s been a fruitful discussion,” Aljneibi said.
The UAE-India CEPA Council (UICC), in collaboration with the Confederation of Indian Industry (CII), held a business roundtable for Chennai-based exporters aimed at promoting the UAE-India economic partnership.
