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India-UAE trade News

India-UAE trade

03 Mar 2024

India-UAE Non-Oil Trade Target Of USD 100 Billion By 2030 Ambitious

Oil shipments account for a major share of bilateral trade between the countries.

India-UAE trade

19 Feb 2022

Duty-free access for jewellery sector to get huge export boost under India-UAE

India has agreed to concessional import duties on gold imports of up to 200 tonnes per year. India imported about 70 tonnes of gold from the UAE in 2020-21. He said the biggest gain for India is "that we get zero duty access" to the UAE market for domestic jewellery. TRQ is a quota for a volume of imports that enter India at specified tariffs.

India-UAE trade

18 Feb 2022

India, UAE eye $100 billion in annual trade after signing trade pact

The virtual signing ceremony marks the first trade deal sealed by the Gulf state since it began pursuing such pacts last September in a bid to strengthen its status as a business hub. The deal also covers services, investments, intellectual property, and a commitment by the UAE to grant 140,000 employment visas to highly skilled workers from India by 2030. The CEPA is expected to take 1.5-2 years to be implemented.

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