The Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates and India continues to deliver tangible results, with non-oil trade and investment flows recording strong growth since the agreement came into force in May 2022.

Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, highlighted the impact of the accord in an interview with the Emirates News Agency (WAM), a partner of TV BRICS. 

"Since its entry into force in May 2022, the agreement has marked a qualitative leap in trade and investment ties, clearly reflected in the growth rates of bilateral trade and investment flows"

Thani bin Ahmed Al Zeyoudi UAE Minister of Foreign Trade

According to Al Zeyoudi, non-oil trade between the two countries reached \$37.6 billion in the first half of 2025, a 33.9 percent increase compared with the same period last year. He noted that this upward momentum demonstrates that the UAE–India CEPA is firmly on track to achieve the shared target of US$100 billion in trade by 2030.

Al Zeyoudi emphasised that the UAE–India economic partnership represents more than a trade framework. “The UAE–India economic partnership is not merely a trade and investment agreement, but a platform for achieving shared development goals, stimulating economic growth, accelerating reciprocal investment flows, and creating opportunities for business communities in both countries to expand and prosper,” he said.

Photo: Oleksii Liskonih / iStock