UAE and India deepen economic ties
The UAE and India continue to strengthen their economic and strategic partnership, with bilateral trade reaching $101.25 billion during the fiscal year 2025-2026. This marks the second consecutive year in which trade has exceeded the $100 billion mark. Both parties aim to increase this volume to $200 billion by 2032. The partnership is witnessing growth through initiatives such as "Bharat Mart" and the Virtual Free Trade Corridor, in addition to cooperation within the framework of the India-Middle East-Europe Economic Corridor to enhance supply chains and facilitate trade and investment movement. Moreover, the UAE has joined the BRICS group since 2024 and participated in its fourteenth summit, working on financial and economic cooperation. This UAE-India collaboration exemplifies a practical model of sustainable economic integration between the two countries.
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