From Foreign Waters

  On February 18, 2022, the United Arab Emirates ( UAE ) and India signed the CEPA (Comprehensive Economic Partnership Agreement) in order to boost the bilateral trade deal between the two countries. His Highness Sheikh Mohamed Bin Zayed, the President of the UAE, and His Excellency Prime Minister of India, Shri Narendra Modi witnessed the signing of the landmark agreement. What happened after the signing of the agreement? CEPA came into force on May 1, 2022. India’s non-petroleum exports to the UAE increased by 5% to $15.2 billion during the June-January period. The data showcased the impact of CEPA. Non-petroleum imports from June to January also increased by 3% to $16.8 billion. In the year since the signing, India’s total exports to the UAE grew 26 per cent and re-exports increased by 10 per cent. According to the Dubai Chamber of Commerce, 11,000 new Indian companies registered in 2022. Dr Thani bin Ahmed Al Zeyoudi, the Minister of State for Foreign Trade of the United Arab E...

India- UAE ties have been growing beyond diplomatic partnerships. The Arab nations exhibit a huge community of the Indian nations on its territory and have shown the world how different communities peacefully sustain regional dialogue. A lot of Indians living in the UAE feel that they have a very secure atmosphere there and they feel at home and at peace. Not only this but the UAE has also provided the Indian community with a lot of opportunities too so that it makes living apart from their family easier. The UAE has made an attempt to make a healthy atmosphere for Indians by ensuring that even during some of the major festivals, they do not feel left out from their family. The way the Arab nation has created not only a livable but a positive environment for the Indian community proves how much they regard different faiths and their involvement in betterment of the nation. Israel 🇮🇱 and the UAE 🇦🇪 will be signing a free trade agreement, supporting their massive level of ...