Unlocking Potential: UAE and India Collaborate to Maximize Benefits of CEPA

Dr. Thani bin Ahmed Al Zeyoudi, the UAE’s Minister of Foreign Trade, recently visited Mumbai, highlighting the strong economic ties between the UAE and India. He met with India’s Minister of Industry and Commerce, Shri Piyush Goyal, and engaged with key business leaders there.

A major focus was the UAE-India Comprehensive Economic Partnership Agreement (CEPA), effective since 2022. This deal aims to boost trade and investment by giving both nations better access to each other’s markets. In the first half of 2025, non-oil trade between the two countries hit $37.6 billion, marking a remarkable 33.9% increase from the previous year. This statistic shows how effective CEPA has been in strengthening economic connections.

Al Zeyoudi also attended discussions with players in logistics, agriculture, healthcare, and technology. These meetings aimed to align business priorities and encourage trade. He expressed that meeting in person is vital for enhancing cooperation and creating new opportunities, stating, “Our shared values and economic goals reflect a vast potential yet to be tapped.”

Part of the visit included a look at Bharat Mart, a large complex in the UAE’s Jebel Ali Free Zone. This facility will help Indian manufacturers showcase their products in a region known as a global trading hub, connecting them to markets in the Middle East, Africa, and Europe.

Al Zeyoudi joined discussions with leaders from both the pharmaceutical and food industries, where they reviewed trade performance, shared concerns, and sought new avenues for collaboration.

The visit concluded with a dinner reception that brought together Indian industry leaders, reinforcing the commitment of both nations to foster economic growth and partnership.

As we look forward, experts believe this relationship could expand further. Analysts predict that improved trade agreements and partnerships will play a key role in enhancing innovation, especially as both countries invest in technology and sustainability. New surveys indicate that businesses are eager to tap into these opportunities, showing a growing trend of collaboration between UAE and Indian firms on social media platforms. These insights underline the importance of ongoing dialogue and cooperation in navigating the global economic landscape.

For more details on international trade agreements, visit the World Trade Organization.

Source link

news,dubai,uae,uae news,dubai news, news radio, latest, breaking news, headlines, uae news, dubai breaking, story, stories, gulf news, khaleej times, sports, business, entertainment