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Key Points

5 points
1

Trade grew by nearly 50 percent in three years, reaching over 76 billion United States dollars.

2

Target of 200 billion United States dollars in bilateral trade by 2030.

3

Joint aluminium project valued at 11.5 billion United States dollars.

4

Comprehensive Economic Partnership Agreement serves as a framework for investment, logistics, energy, and technology cooperation.

5

United Arab Emirates emphasizes artificial intelligence, skill development, and diversified economic structure for resilience.

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Summary

The Comprehensive Economic Partnership Agreement, signed in February 2022, has boosted bilateral trade from about 51 billion to over 76 billion United States dollars, with a target of 200 billion by 2030.

Both nations are collaborating on large‑scale projects such as an aluminium complex in Odisha worth 11.5 billion United States dollars.

India contributes a large digital and skilled workforce, while United Arab Emirates provides capital, infrastructure, and strategic location.

Future plans focus on artificial intelligence, innovation, and building resilient, diversified economies.

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New Words to Learn

7 words
bilateral
involving two countries working together
resilience
the ability to recover quickly from problems
diversified
having many different kinds of businesses or activities
artificial intelligence
computer systems that can learn, think, and solve problems like humans
logistics
the planning and movement of goods and materials
infrastructure
the basic physical systems like roads, ports, and power that support a country
Comprehensive Economic Partnership Agreement
a detailed agreement that makes trade, investment, and cooperation easier between two nations
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