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Economy

India, UAE set $200 billion trade target by 2032, deepen ties across energy, defence and tech

India and the UAE have set an ambitious trade target of $200 billion by 2032, reflecting a strengthening economic partnership that has grown significantly since the implementation of the Comprehensive Economic Partnership Agreement (CEPA). During a recent brief visit to India, UAE President Sheikh Mohamed bin Zayed Al Nahyan highlighted the UAE's position as India's second-largest supplier of liquefied natural gas (LNG).

The President of the UAE, Sheikh Mohamed bin Zayed Al Nahyan, was in India for a visit that lasted just around three hours. Image Courtesy: @narendramodi/X

The President of the UAE, Sheikh Mohamed bin Zayed Al Nahyan, was in India for a visit that lasted just around three hours. Image Courtesy: @narendramodi/X

Credit: Firstpost

Key Highlights

  • India and UAE aim for $200 billion trade target by 2032.
  • The partnership has accelerated since the CEPA came into force.
  • UAE is now India's second-largest LNG supplier.
  • UAE President Sheikh Mohamed bin Zayed Al Nahyan visited India for three hours.
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Sources

  1. India, UAE set $200 billion trade target by 2032, deepen ties across energy, defence and tech

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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