Post FTA, non-petroleum exports to UAE up 14% in June-August: Govt

Growth in shipments to Emirates is 5x that to the rest of the world; surge primarily led by gems and jewellery, electrical equipment

The commerce and industry minister Piyush Goyal on Sunday said that India’s non-petroleum exports to the United Arab Emirates (UAE) grew 14 per cent year on year to $5.92 billion during June-August, from $5.17 billion a year ago.

The India-UAE Comprehensive Economic Partnership Agreement (CEPA), which kicked in on May 1, is already creating a ‘significant positive impact’ on the trade between the two nations. The government said it did not include the month of May in the analysis as it is considered a transitory period.

“It is pertinent to note that India’s global non-petroleum exports during the same period