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India–UAE Review CEPA as Trade Surges Past USD 100 Billion

2025-11-28

India and the UAE recently held the third Joint Committee meeting under the India–UAE CEPA in New Delhi, co-chaired by Shri Ajay Bhadoo and H.E Juma Al Kait. Both sides noted the rise in bilateral trade, which crossed USD 100.06 billion in FY 2024–25, marking a 19.6 per cent increase.

Discussions included market access, data sharing, allocation of Gold TRQ, Rules of Origin, BIS licensing, and anti-dumping matters. India also outlined its new competitive bidding process for Gold TRQ. The two nations reviewed recent ministerial engagements and reiterated their commitment to growing non-oil, non-precious metal trade towards the USD 100 billion goal by 2030. They also explored closer regulatory cooperation in pharmaceuticals, streamlined Certificates of Origin, and early signing of the MoU on Food Safety between APEDA and the UAE’s MoCCAE. Both sides agreed to enhance trade facilitation and hold a Services Subcommittee meeting.

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