📰 News ⏱ 2 min

How Are India and United Arab Emirates Growing Their Trade? 🚢

Leaders from India and United Arab Emirates met in New Delhi to talk about friendship and business.

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Key Points

4 points

Non‑oil trade increased from about 51 billion to over 76 billion United States dollars.

The Comprehensive Economic Partnership Agreement, signed in 2022, helped the growth.

A joint aluminium project in Odisha is valued at 11.5 billion United States dollars.

United Arab Emirates aims to use more artificial intelligence and new skills to stay strong.

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They said the trade between the countries grew by almost 50 percent in the last three years.

Both sides want to reach 200 billion United States dollars in trade by the year 2030.

They also plan to work together on new technology, like computers and artificial intelligence.

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5 words

Comprehensive Economic Partnership Agreement

A big agreement that makes it easier for two countries to trade and invest with each other

artificial intelligence

Smart computer programs that can learn and solve problems

infrastructure

Things like roads, ports, and power that help businesses work

diversified

Having many different kinds of businesses so one problem does not hurt everything

resilience

Being able to bounce back quickly after a difficulty

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