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India-UAE
The bilateral trade between India and the UAE grew 21.35 per cent to USD 80.51 billion during the April-January period this fiscal year, according to the commerce ministry data. While India's exports to the UAE rose 6.82 per cent to USD 30 billion during the first 10 months of this fiscal year, imports during this period rose 35.58 per cent to USD 50.51 billion, the data showed. The ministry said the trade is registering healthy growth after implementation of a free trade agreement (FTA) between the two countries in May 2022. The India-United Arab Emirates (UAE) Comprehensive Economic Partnership Agreement (CEPA) is completing three years of its signing on Tuesday. "In terms of utilisation of CEPA, preferential duties are concerned, since coming into force, nearly 2,40,000 certificates of origin have been issued against which total export of USD 19.87 billion have been made to the UAE," it said in a statement. It also said the agreement has been successful in realising its potenti
The bilateral trade between India and the UAE grew 21.35 per cent to USD 80.51 billion during the April-January period this fiscal year, according to the commerce ministry data. While India's exports to the UAE rose 6.82 per cent to USD 30 billion during the first 10 months of this fiscal year, imports during this period rose 35.58 per cent to USD 50.51 billion, the data showed. The ministry said the trade is registering healthy growth after implementation of a free trade agreement (FTA) between the two countries in May 2022. The India-United Arab Emirates (UAE) Comprehensive Economic Partnership Agreement (CEPA) is completing three years of its signing on Tuesday. "In terms of utilisation of CEPA, preferential duties are concerned, since coming into force, nearly 2,40,000 certificates of origin have been issued against which total export of USD 19.87 billion have been made to the UAE," it said in a statement. It also said the agreement has been successful in realising its potenti
The government on Wednesday laid out a procedure for filing applications of import of gold bullion at concessional duty in 2025-26 under a free trade agreement (FTA) with the UAE. The agreement, officially dubbed as Comprehensive Economic Partnership Agreement (CEPA), came into force on May 1, 2022. Under the agreement, India agreed to import up to 200 metric tonnes of gold annually from the UAE with a 1 per cent tariff concession under tariff rate quota (TRQ). The Directorate General of Foreign Trade (DGFT) in a trade notice said the last date for submitting the applications for 2025-26 is February 28 this year. The applicants will also have to indicate the purpose of gold import -- for manufacturing, trading or both. Besides they have to provide turnover details, it said, adding, "the modalities of allocation of 180 ton shall be decided by the special EFC (Exim Facilitation Committee) in its first meeting based on the information and details available before the committee". In
External Affairs Minister S Jaishankar on Monday said the collaboration between India and the UAE on the international stage is set to deepen further as the world navigates a "complicated' and 'volatile' phase with the changing global order. Earlier in the day, Jaishankar embarked on a three-day visit to the United Arab Emirates (UAE) to further enhance India's comprehensive strategic partnership with the influential Gulf nation. Speaking at an event organised to celebrate the 75th anniversary of India's Republic Day in Abu Dhabi, Jaishankar said, "The world has entered a complicated and volatile phase because the global order is changing for real. These are occasions when new opportunities arise, and true friendships are forged." "As we contemplate the global scenario, there is much that draws our two nations together. I can confidently assert that our collaboration on international platforms will only get stronger," he asserted. The minister underlined that the number of Indians
External Affairs Minister S Jaishankar on Monday embarked on a three-day visit to the United Arab Emirates (UAE) to further enhance India's comprehensive strategic partnership with the influential Gulf nation. The Ministry of External Affairs (MEA) said Jaishankar will meet the leadership of the UAE to review the close partnership between the two countries. "The external affairs minister will meet the leadership of the UAE to review the close partnership between the two countries and explore avenues to further enhance the bilateral relationship," it said. It said the visit will provide an opportunity to "advance" the India-UAE comprehensive strategic partnership and "add new momentum" to the ties. During Jaishankar's trip, the two sides are also expected to review the situation in Gaza following the coming into force of the ceasefire deal between Israel and Hamas. India-UAE bilateral ties have been on an upswing in the last few years. Following the landmark visit of Prime Ministe
External Affairs Minister S Jaishankar on Monday embarked on a three-day visit to the United Arab Emirates (UAE) to further enhance India's comprehensive strategic partnership with the influential Gulf nation. The Ministry of External Affairs (MEA) said Jaishankar will meet the leadership of the UAE to review the close partnership between the two countries. "The external affairs minister will meet the leadership of the UAE to review the close partnership between the two countries and explore avenues to further enhance the bilateral relationship," it said. It said the visit will provide an opportunity to "advance" the India-UAE comprehensive strategic partnership and "add new momentum" to the ties. During Jaishankar's trip, the two sides are also expected to review the situation in Gaza following the coming into force of the ceasefire deal between Israel and Hamas. India-UAE bilateral ties have been on an upswing in the last few years. Following the landmark visit of Prime Ministe
India's imports from its free trade agreement partner UAE have jumped 109.57 per cent year-on-year to USD 6.12 billion in November, leaving a trade deficit of over USD 3 billion during the said month, according to the commerce ministry data. India's exports to the UAE rose by 11.38 per cent to USD 3 billion in the last month. Cumulatively, the imports from the UAE during April-November rose by 60.84 per cent to USD 44.76 billion against USD 27.83 billion in the same period previous fiscal, while exports were up by 15.25 per cent year-on-year to USD 23.94 billion compared to USD 20.77 billion in April-November 2023-24. The FTA between India and the UAE came into effect in May 2022. The UAE is the third-largest trading partner of India with USD 83.65 billion bilateral trade in 2023-24. The major goods imported include mineral oil, chemicals, essential oils and perfumes, precious and semi-precious stones, iron and steel products, copper, nickel and aluminium goods. Further, as per t
India and the United Arab Emirates (UAE) on Friday discussed implementation of the ambitious India-Middle East-Europe Economic Corridor (IMEEC) and resolved to shore up energy cooperation including long-term supplies and collaboration in upstream and downstream projects. Ways to further deepen bilateral relations in areas of energy, connectivity and trade figured prominently at the 15th India-UAE Joint Commission Meeting (JCM) that was co-chaired by External Affairs Minister S Jaishankar and his UAE counterpart Sheikh Abdullah bin Zayed Al Nahyan. The meeting was held in New Delhi. In his televised opening remarks at the JCM, Jaishankar described the India-UAE comprehensive strategic partnership as a "model" relationship and that the economic and commercial ties are not only very strong but increasingly "diversified and deep". "Since the entry into force of the Comprehensive Economic Partnership Agreement (CEPA) in May 2022, trade has steadily grown and it has now reached a level o
India and the United Arab Emirates (UAE) on Friday discussed implementation of the ambitious India-Middle East-Europe Economic Corridor (IMEEC) and resolved to shore up energy cooperation including long-term supplies and collaboration in upstream and downstream projects. Ways to further deepen bilateral relations in areas of energy, connectivity and trade figured prominently at the 15th India-UAE Joint Commission Meeting (JCM) that was co-chaired by External Affairs Minister S Jaishankar and his UAE counterpart Sheikh Abdullah bin Zayed Al Nahyan. The meeting was held in New Delhi. In his televised opening remarks at the JCM, Jaishankar described the India-UAE comprehensive strategic partnership as a "model" relationship and that the economic and commercial ties are not only very strong but increasingly "diversified and deep". "Since the entry into force of the Comprehensive Economic Partnership Agreement (CEPA) in May 2022, trade has steadily grown and it has now reached a level o
External Affairs Minister S Jaishankar on Thursday met his UAE counterpart Sheikh Abdullah bin Zayed Al Nahyan.Both leaders held the 4th India-UAE Strategic Dialogue in New Delhi.Earlier in the day, Prime Minister Narendra Modi welcomed Zayed Al Nahyan and expressed his optimism about the future of the India-UAE Comprehensive Strategic Partnership.Taking to X, PM Modi expressed his delight while receiving the Deputy PM and said that both nations were committed to working towards peace, stability, and security in West Asia and the wider region."Happy to receive Deputy PM & Foreign Minister of the UAE, HH AB Zayed. India-UAE Comprehensive Strategic Partnership is poised to achieve unprecedented heights. We are committed to working towards peace, stability, and security in West Asia and the wider region," PM Modi said.Zayed Al Nahyan arrived in New Delhi to take part in the 4th Strategic Dialogue and the 15th India-UAE Joint Commission Meeting.Welcoming the UAE leader, Ministry of .
External Affairs Minister S Jaishankar on Thursday met his UAE counterpart Sheikh Abdullah bin Zayed Al Nahyan.Both leaders held the 4th India-UAE Strategic Dialogue in New Delhi.Earlier in the day, Prime Minister Narendra Modi welcomed Zayed Al Nahyan and expressed his optimism about the future of the India-UAE Comprehensive Strategic Partnership.Taking to X, PM Modi expressed his delight while receiving the Deputy PM and said that both nations were committed to working towards peace, stability, and security in West Asia and the wider region."Happy to receive Deputy PM & Foreign Minister of the UAE, HH AB Zayed. India-UAE Comprehensive Strategic Partnership is poised to achieve unprecedented heights. We are committed to working towards peace, stability, and security in West Asia and the wider region," PM Modi said.Zayed Al Nahyan arrived in New Delhi to take part in the 4th Strategic Dialogue and the 15th India-UAE Joint Commission Meeting.Welcoming the UAE leader, Ministry of .
External Affairs Minister S Jaishankar met with his UAE counterpart Abdullah bin Zayed Al Nahyan in Abu Dhabi on Thursday.In a post on X, EAM Jaishankar shared a picture with Abdullah and outlined the meeting as a "productive day with a great meeting."The EAM said that they discussed opportunities for advancing wide-ranging cooperation between both the countries."Completed a productive day with a great meeting with DPM & FM @ABZayed in Abu Dhabi. Discussed opportunities for advancing our wide-ranging cooperation. Also exchanged views on global developments," Jaishankar said in his post.Earlier in the day, Jaishankar visited the BAPS Hindu Mandir in Abu Dhabi.Jaishankar said that the temple was a sign of friendship between India and UAE.In a post on X, he said, "Received blessings at the BAPS Hindu Mandir in Abu Dhabi today. A true symbol of India-UAE friendship and of peace, harmony and goodwill around the world."Jaishankar also visited the Bharat Mart site in Dubai earlier in .
External Affairs Minister S Jaishankar met with his UAE counterpart Abdullah bin Zayed Al Nahyan in Abu Dhabi on Thursday.In a post on X, EAM Jaishankar shared a picture with Abdullah and outlined the meeting as a "productive day with a great meeting."The EAM said that they discussed opportunities for advancing wide-ranging cooperation between both the countries."Completed a productive day with a great meeting with DPM & FM @ABZayed in Abu Dhabi. Discussed opportunities for advancing our wide-ranging cooperation. Also exchanged views on global developments," Jaishankar said in his post.Earlier in the day, Jaishankar visited the BAPS Hindu Mandir in Abu Dhabi.Jaishankar said that the temple was a sign of friendship between India and UAE.In a post on X, he said, "Received blessings at the BAPS Hindu Mandir in Abu Dhabi today. A true symbol of India-UAE friendship and of peace, harmony and goodwill around the world."Jaishankar also visited the Bharat Mart site in Dubai earlier in .