The United Arab Emirates (UAE) and the European Union (EU) are set to commence negotiations for a comprehensive free trade agreement, as announced by officials from both sides. This initiative aims to enhance economic ties and stimulate growth between the two parties. Sheikh Mohamed bin Zayed Al Nahyan, the President of the UAE, expressed that...
The UAE and Turkey have recently enhanced their economic ties as their bilateral non-oil trade reached $40.5 billion in 2024. This milestone occurs three years ahead of the target set by the Comprehensive Economic Partnership Agreement (CEPA), which was enacted on September 1, 2023. The two countries celebrated an 11.5 percent growth in non-oil trade,...
The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and India has significantly boosted bilateral trade, which has nearly doubled since the agreement came into effect in 2022. The UAE is now the third-largest trading partner for India, following the US and China, and is responsible for 3 percent of India’s total foreign direct investment...
A significant trade agreement between the UAE and India has triggered an impressive surge in bilateral commerce. Merchandise trade escalated from $43.3 billion in the fiscal year 2020–21 to $80.5 billion in the first ten months of the current fiscal year, according to recent data. This remarkable growth positions both nations on track to exceed...