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Technology

India, UAE set USD 200 bn annual trade target by 2032

India and the United Arab Emirates have set an ambitious target of USD 200 billion in annual trade by 2032, accompanied by a strategic defense pact. This initiative aims to enhance collaboration in various sectors including energy, space, and civil nuclear technology, signaling a strengthened bilateral relationship.

India, UAE set USD 200 bn  annual trade target by 2032

Credit: Dailyexcelsior

Key Highlights

  • India and UAE aim for USD 200 billion annual trade by 2032.
  • A strategic defense pact has been agreed upon.
  • Cooperation will be boosted in energy, space, and civil nuclear sectors.
  • Prime Minister Modi and UAE President Al Nahyan held discussions in New Delhi.
  • The visit is characterized as short but highly substantive.
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Sources

  1. Modi hosts UAE President: Massive USD 200 bn trade target, LNG...
  2. India, UAE set USD 200 bn annual trade target by 2032

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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