The UAE-India CEPA Council (UICC) has inked an agreement with Indian Chamber of Commerce (ICC) to promote trade between the two countries.
MOUs and Agreement
The UAE-India CEPA Council (UICC) has inked an agreement with Indian Chamber of Commerce (ICC) to promote trade between the two countries. Under the MoU, both organisations will collaborate on increasing awareness within the UAE and India regarding the significant potential of the bilateral economic partnership, highlighting opportunities for companies to leverage the free trade agreement. The UICC, established in early 2024, has played a pivotal role in significantly enhancing the economic, investment, and trade ties between the two nations. The UICC is dedicated to promoting economic cooperation and trade relations between the UAE and India.
Over the fiscal year from April 2022 to March 2023, bilateral trade surged from $72.9 billion to $84.5 billion, marking an impressive expansion of almost 16 percent.
Indian Chamber of Commerce (ICC)
Founded- 1925; HQ- Kolkata
Founder- Ghanshyam Das Birla
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