The UAE is pursuing a bold strategy to strengthen global trade ties through Comprehensive Economic Partnership Agreements (CEPAs)—designed not just to lower tariffs but to unlock trade flows, investment, and private-sector collaboration.
The UAE–India CEPA, signed in 2022, demonstrates this vision. Its success stems from ongoing dialogue, active business engagement, and innovation beyond government action.
Record-Breaking Trade
In the first half of 2025, UAE–India non-oil trade surged to US$37.6 billion, up 33.9% from 2024. During a recent visit to Mumbai, I met H.E. Piyush Goyal, India’s Minister of Industry and Commerce, and business leaders to explore ways to build on this momentum.
Growth Sectors
- Logistics: Strengthening supply chains to connect regional and global markets.
- Healthcare: Driving innovation, accessibility, and life sciences growth.
- Technology: Expanding digital solutions, fintech, AI, and startups.
We also reviewed Bharat Mart, a 2.7M sq. ft. wholesale hub in Jebel Ali Free Zone, poised to boost Indian businesses’ global reach.
Shared Ambitions
Both nations aim to advance the energy transition, enhance food security, and promote cross-border innovation and investment.
Looking Forward
The CEPA is just the beginning of a partnership powered by business communities. The UAE remains committed to turning this framework into lasting growth, deeper connectivity, and a future of shared prosperity.