India and the United Arab Emirates have set an ambitious goal: boosting their non-oil, non-precious metals trade to $100 billion by 2030. The announcement followed a review of bilateral trade under the Comprehensive Economic Partnership Agreement (CEPA), which came into force in 2022.
The meeting between India’s Commerce and Industry Minister Piyush Goyal and the UAE’s Minister of Foreign Trade, Dr. Thani bin Ahmed Al Zeyoudi, underlined the shared commitment to deepen economic ties in a rapidly shifting global environment.
Minister Goyal spoke of India’s resilience and economic strength, noting how the country has continued to expand even during global challenges. Both sides explored collaboration opportunities in key sectors such as pharmaceuticals and healthcare. The UAE delegation expressed support for faster regulatory processes and streamlined approvals, while India assured openness for inspections and audits.
Another area of focus was traditional medicine, with special attention to Ayurveda. Both nations acknowledged the potential of leveraging India’s heritage in holistic healthcare to expand trade and innovation in this space.
This milestone target signals more than just numbers. It reflects a growing trust and partnership between India and the UAE—two nations aligning their strengths to create sustainable, diversified, and forward-looking economic growth.
