We are proud to contribute to strengthening the UAE-India economic ties! 🇦🇪🇮🇳 Through Bharat Mart and state-of-the-art logistics offerings, we look forward to further milestones in 2025.
Minister of State for Foreign Trade and Minister in charge of Talent Attraction and Retention at Ministry Of Economy, UAE
The #UAE and #India are delivering on the promise of our Comprehensive Economic Partnership Agreement. Throughout 2024, we have deepened our cooperation, expanded bilateral #trade and launched exciting new projects. Speaking at the India-UAE Partnership Summit in Dubai, I was able to review a year of real progress – one that underlines our shared commitment to mutually beneficial growth and opportunity. Since January, our nations have come together to: ▶️ Establish the India-UAE Start-Up Initiative to help entrepreneurs access each other’s markets. ▶️ Begin work on Bharat Mart, a 700,000 square-foot complex in Jafza that will enable Indian manufactures and exporters to access global markets. ▶️ Enhance cross-border payment processes and begin the integration of payment systems. ▶️ Launch the UAE-India CEPA Council to ensure we fully leverage the opportunities in front of us. All this comes as we recorded bilateral, non-oil trade of $28.2 billion in H1, 2024 – a year-on-year increase of 9.8% or 6.5 times higher than the global average. The UAE-India CEPA wasn’t the culmination of our efforts to spur greater trade and investment between our nations, it was a means to enhance them. We can be confident that 2025 will deliver even greater successes for us both. #tradefacilitation #UAEIndiaCEPA #supplychains #CEPA