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India and UAE Conclude 3rd Review of CEPA, Trade Target Revised.

International | Dated: 09 Dec 2025

India and the UAE successfully concluded the 3rd review of the Comprehensive Economic Partnership Agreement (CEPA) in Dubai. Both nations agreed to revise the non-oil bilateral trade target to $100 billion by 2030. The review focused on addressing tariff rate quotas (TRQs) for gold and petrochemicals to boost Indian exports.

🎯 Key Highlights:

  • The "Bharat Mart" initiative in Dubai was also reviewed to facilitate Indian MSMEs in global markets.
  • India-UAE CEPA came into force in May 2022 and has since increased bilateral trade by 15%.
  • A new digital trade corridor is being established to reduce paperwork and transaction costs.

💡 Other Important Facts:

  • Review: 3rd CEPA Review.
  • Target: $100 Billion Non-Oil Trade.
  • Initiative: Bharat Mart.

📚 Test Your Knowledge:

India and UAE have set a new target of reaching what amount in non-oil bilateral trade by 2030 under the CEPA review?

Correct Answer: $100 Billion

🚀 Quick Recap:

About UAE

  • Capital – Abu Dhabi
  • President – Mohamed bin Zayed Al Nahyan