Bharat Express DD Free Dish

CEPA

Commerce and Industry Minister Piyush Goyal on Thursday described the United Arab Emirates (UAE) as an essential partner in India’s growth journey.

India and the UAE have agreed to strengthen their CEPA with a target of $100 billion for non-oil bilateral trade.

After concluding the India-UK Free Trade Agreement (FTA), the government has turned its focus to finalising a trade pact with the European Union (EU).

Bilateral trade between India and UAE has surged by 21.35% to reach $80.51 billion during the April-January period of fiscal year, from Ministry of Commerce.

India is focusing not only on high-quality standards in goods and services but also on high-quality delivery of goods and services, says Piyush Goyal

During the April-March period, Indian exports to the UAE increased from USD 28 bn to USD 31.3 bn; an increase of around USD 3.3 billion; or 11.8 per cent year-on-year growth in percentage terms.