India–UAE Meeting Under CEPA: Discussion Around Increasing Non-Oil Trade

India and the UAE convened the third meeting of the Joint Committee under the India–UAE Comprehensive Economic Partnership Agreement (CEPA) in New Delhi. India and the UAE noted the strong rise in bilateral trade, which surpassed USD 100.06 billion in FY 2024–25, a 19.6% increase. This reaffirmed the UAE’s position as one of India’s leading trading partners.

Review of CEPA Implementation

The delegations conducted a detailed assessment of progress under CEPA. Discussions covered market access, data sharing, allocation of Gold TRQ, anti-dumping issues, services trade, Rules of Origin, BIS licensing, and other regulatory topics. The Indian side also updated the UAE delegation on its new framework to allocate Gold TRQ through a transparent competitive bidding process.

Both sides reaffirmed their commitment to boosting non-oil and non-precious metal trade, aligning with the shared target of reaching USD 100 billion by 2030. Key areas of discussion also included pharmaceutical regulations, Certificates of Origin, BIS coordination, and the early finalisation of the MoU on Food Safety and Technical Requirements between APEDA (India) and MoCCAE (UAE).

Strengthening Collaboration and Trade Facilitation

The meeting concluded with both sides agreeing to enhance trade facilitation mechanisms, regulatory cooperation, and data sharing, as well as to convene the next Services Subcommittee meeting. The visit highlighted the commitment of both nations to deepen balanced trade, expand market opportunities, and reinforce their strategic partnership under CEPA.

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