Paper: GS-II, Subject: International Relations, Topic: India’s Relation with other nations, Issues: UAE-India Bilateral Trade
Context: India–UAE economic ties have grown rapidly after the 2022 CEPA, helping achieve the $100 billion trade target well before 2030. In January 2026, both countries set a new goal of $200 billion in bilateral trade by 2032.
The Next Chapter of Growth
- India’s global rise: Fourth-largest economy (~$4 trillion GDP) with strong entrepreneurship, manufacturing push, and digital infrastructure supporting global expansion.
- Business readiness: Indian firms show growing intent to scale internationally and enter global markets.
- Wider cooperation: Delhi Declaration promotes India–Arab collaboration across sectors till 2028.
- Strategic corridor: India–UAE corridor leads this broader geopolitical and economic alignment.
- Future focus: After early achievement of $100 billion trade, the next phase stresses deeper integration and global reach.
The UAE-India corridor highlights how trust, investment, and shared vision drive economic cooperation. Continued policy alignment and capital flows will deepen integration, foster innovation, and create a global model for future strategic economic partnerships worldwide.
Source: (The Hindu)
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