UAE-India CEPA Council Outlines Ambitious Plans to Double Bilateral Trade to $100 Billion by 2030

Ahmed Aljneibi, Director of the UAE-India Comprehensive Economic Partnership Agreement (CEPA) Council, addressed the press in Chennai, Tamil Nadu, discussing initiatives and strategies aimed at intensifying economic ties between the UAE and India. With a notable 16% increase in non-oil bilateral trade to over $50 billion in 2022 following the CEPA signing, Aljneibi envisions reaching a remarkable $100 billion trade target by 2030. The CEPA council prioritizes informing the business community, particularly in Chennai, about the agreement's benefits and fostering increased economic collaboration.