US EditionIndia-UAE non-oil trade nears $100 billion under CEPA; Goyal calls ties a global model of prosperity
- The UAE and India are experiencing strong economic ties, with non-oil trade nearing $100 billion under the Comprehensive Economic Partnership Agreement that was signed in 2022.
- In 2023, the UAE became India's third-largest trading partner, with non-oil trade reaching $54.2 billion, led by exports of precious stones and metals worth $14.65 billion.
- Union Minister of Commerce & Industry Piyush Goyal described the India-UAE relationship as a 'model of prosperity, trust, and shared vision' during the Dubai-India Business Forum.
- India's economy is expected to grow by 6.5 percent annually from 2025-2026, aiming for a $30-35 trillion economy by 2047, as stated by Goyal.
21 Articles
21 Articles
India-UAE Partnership a Model of Trust and Shared Vision: Goyal
Get latest articles and stories on World at LatestLY. Welcoming Sheikh Hamdan, Goyal said, "The presence of Sheikh Hamdan symbolises the deep historical connect and generational continuity between Mumbai and Dubai." Referring to the year marking the centenary of Sheikh Saeed's visit to India, he added, "Both cities share a welcoming spirit rooted in centuries-old cultural and commercial ties." World News | India-UAE Partnership a Model of Trust …
The Siasat Daily
India, UAE sign key pacts to strengthen economic ties
New Delhi: India and the UAE have signed key agreements to strengthen the bilateral economic partnership during the visit of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Deputy Prime Minister and Minister of Defence of the UAE. It has been decided to set up the campus of the Indian Institute of Management, Ahmedabad, in Dubai and commence the first MBA programme in September 2025. The first overseas campus of the I…
UAE, India: Strategic partnerships drive bold economic future
Economic ties between the UAE and India have seen remarkable growth in recent years, underscoring a strategic partnership that is expanding across key sectors such as trade, investment, energy, and technology. No longer limited to trade, the relationship now includes deep investment partnerships and joint projects that are shaping a more integrated and forward-looking economic collaboration. According to a report released by Dubai Chambers durin…
Dubai’s Crown Prince Visit to India: Turning Point or a Strategic Pivot?
At the core of the visit is a strong slate of initiatives aimed at deepening and diversifying economic relations. The ship-repair clusters and establishment of overseas campuses of top Indian schools mark a new direction, with Dubai hoping to be a center of high-quality educational achievement and cross-border business partnership. India’s shift towards the Gulf, and more specifically, Dubai, has been motivated by realistic interests: diversifie…
Piyush Goyal Emphasizes Growing India-UAE Trade Ties at Dubai-India Business Forum
India and the UAE are making steady progress towards their objective of $100 billion in non-oil trade, according to Union Commerce and Industry Minister Piyush Goyal, speaking at the Dubai-India Business Forum in Mumbai. He emphasised the two countries’ growing strategic engagement and called the Comprehensive Economic Engagement Agreement a landmark event in their economic cooperation. Goyal stated that the speed and scale of bilateral commerce…
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