India–UAE hold third CEPA Joint Committee meeting; bilateral trade crosses USD 100 billion
India and the UAE held the third meeting of the Joint Committee under the India–UAE CEPA in New Delhi, as the Commerce Ministry said on 27 November 2025 that bilateral trade crossed USD 100.06 billion in FY 2024-25.
Summary
The meeting was co-chaired by Additional Secretary, Department of Commerce, Ajay Bhadoo and UAE Assistant Undersecretary for International Trade Affairs Juma Al Kait. Bilateral trade of USD 100.06 billion in FY 2024-25 was a rise of 19.6%. The sides discussed market access, data sharing, allocation of the gold tariff-rate quota (TRQ), anti-dumping, services, rules of origin and BIS licensing, and reaffirmed the target of USD 100 billion in non-oil, non-precious-metal trade by 2030.
Key facts
- Meeting
- 3rd Joint Committee under India–UAE CEPA, New Delhi
- Co-chairs
- Ajay Bhadoo (India); Juma Al Kait (UAE)
- Trade FY 2024-25
- USD 100.06 billion (+19.6%)
- Target
- USD 100 bn non-oil, non-precious-metal trade by 2030
- Issues
- Gold TRQ, rules of origin, anti-dumping, BIS licensing
Practice MCQs 2 questions
According to the Commerce Ministry (November 2025), India–UAE bilateral trade in FY 2024-25 stood at about:
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Correct answer: A — USD 100.06 billion
Bilateral trade crossed USD 100.06 billion in FY 2024-25, a growth of 19.6%.
India and the UAE have set a target of USD 100 billion by 2030 for which category of bilateral trade?
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Correct answer: C — Non-oil, non-precious-metal trade
Both sides reaffirmed the commitment to expand non-oil/non-precious-metal trade towards USD 100 billion by 2030.