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India, UAE seek USD 100 bn non-oil trade by 2030; set up committees to implement FTA

India, UAE seek USD 100 bn non-oil trade by 2030; set up committees to implement FTA

New Delhi: Commerce and Industry Minister Piyush Goyal said on Monday that the two countries aimed to more than increase their non-oil bilateral trade to USD 100 billion by 2030.

Non-oil bilateral trade is about USD 48 billion at present.

During the inaugural meeting of the Joint Committee of the CEPA between India and the United Arab Emirates, a new goal was set. On May 1 of last year, the agreement went into effect.—Inputs from Agencies

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