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Shiva Ram • 7.19K Points
Tutor III

India and UAE Target $100 Billion Non-Oil Trade by 2030; Set Up Councils to Facilitate FTA Implementation

India and the United Arab Emirates (UAE) have set an ambitious target to increase their non-oil bilateral trade from the current USD 48 billion to USD 100 billion by 2030.
The decision was reached during the first meeting of the Joint Committee of India-UAE Comprehensive Economic Partnership Agreement (CEPA).
Both countries aim to double their non-petroleum trade in the next seven years, emphasizing the need to enhance trade cooperation beyond the oil sector.

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