India-UAE Trade Crosses $100Bn on Pact: Goyal

• India and United Arab Emirates trade pact boosts bilateral trade, crossing $100 billion milestone successfully.
• CEPA reduces tariffs, improves market access, and enhances trade across sectors like gems, electronics, agriculture.
• Piyush Goyal highlights growth, aims to expand trade further with increased investment and economic cooperation.

The Comprehensive Economic Partnership Agreement (CEPA) between India and the United Arab Emirates has significantly strengthened bilateral economic ties which have helped trade between the two nations reach a value beyond $100 billion.

Commerce and Industry Minister Piyush Goyal explained that the agreement has helped increase both merchandise trade and services trade between the two countries which shows their growing economic relationship.

The implementation of CEPA in 2022 has resulted in fast expansion of bilateral trade because both countries reduced their tariffs and made their customs processes easier and created better market access for their businesses.

The agreement has enabled exporters and importers to benefit from lower trade barriers which resulted in increased volumes of goods and services exchange between both parties. The trade between India and the UAE reached over $101 billion in 2025-26 which marked a continuous growth compared to the previous years.

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The growth has been particularly notable across key sectors such as gems and jewellery, engineering goods, electronics, and agriculture. The increased trade activity in these areas demonstrates how both economies benefit from their respective strengths since India emerged as a major supplier of manufactured goods and services while the UAE maintained its position as a central hub for trade and logistics and investment.

The CEPA agreement has increased trade between both countries while creating new investment opportunities between the two nations. The two countries established closer economic ties through their business partnerships and their strategic investments from abroad. The agreement has created new international market access opportunities for small and medium enterprises which enables them to expand their business operations worldwide.

The officials stated that this milestone represents the initial step because both nations intend to increase their trade volume to reach 200 billion dollars by 2032. The sustained execution of CEPA together with continuous policy support and business activities will create ongoing growth for trade and investment between the two countries.

The trade agreement between India and the United Arab Emirates has established a new economic relationship, which now enables both countries to build a flexible and multilateral partnership. The agreement will drive long-term economic development and regional connectivity through its capacity to increase trade volumes and attract investments and create partnerships between different industries.