The discussions sought to underline the UAE's commitment to developing trade and investment relations that will deliver long-term, sustainable growth, secure vital supply chains and increase the UAE's non-oil foreign trade to USD 1.09 trillion (AED4 trillion) by 2031.
The first round of negotiations will commence in the UAE on May 16Dr Thani Al Zeyoudi emphasized that these negotiations represent another important step in our growth agenda and underline UAE's role as a key enabler of global trade.
The CEPA was signed during the virtual summit in the presence of Prime Minister Narendra Modi and the President of UAE, Sheikh Mohamed bin Zayed Al Nahyan, read the press release of the Indian Embassy in Abu Dhabi, UAE.