The Comprehensive Economic Partnership Agreement, signed in February 2022, has pushed India‑UAE non‑oil trade from $51 billion in 2022 to $76 billion in 2025, a 50‑percent jump that lifted total bilateral trade to $101 billion for India’s last financial year.
Al Marri told reporters that the agreement has become a dynamic engine, expanding beyond goods to cover investment, logistics, energy, industry, food security and advanced technology. He added that both sides now target $200 billion in trade by 2030, a move that will require coordinated policy reviews and tariff adjustments.
He recalled the centuries‑old commercial links that pre‑date modern agreements, noting how 19th‑century ships carried pearls and textiles between Ajman and Bombay. Sheikh Mohamed bin Zayed Al Nahyan has described the relationship as a "strong alliance and distinguished strategic and economic partnership," underscoring the cultural depth behind the numbers.
Looking ahead, the UAE and India have agreed to convene a joint trade committee in December 2026 to monitor progress toward the 2030 target and identify new sectors for collaboration. The committee will also review the CEPA framework and recommend tariff‑reduction schedules for the next five years.