India-UAE Relations: Economic Cooperation and Beyond

During a virtual conference on 18^th February, 2022, India and the United Arab Emirates finalised a Comprehensive Economic Partnership Agreement (CEPA). This Free Trade Agreement (FTA) will lower import tariffs on the vast majority of Indian exports to the country.

• The foundation for a more robust and promising collaboration between India and the UAE has been built by mutually reinforcing economic visions and similar geopolitical outlooks. Technology, finance, and energy underpin the relationship, which is now supported by the most crucial aspect of people-to-people contact.
• In 2021, India was the biggest remittance destination for the UAE, accounting for 33.6 percent of total ....