India, UAE discuss market access, data sharing, FTA progress

Pti02 18 2022 000188b.jpg


Representational image of Union Commerce and Industry Minister Piyush Goyal with UAE Economy Minister Abdulla bin Touq Al-Mari

Representational image of Union Commerce and Industry Minister Piyush Goyal with UAE Economy Minister Abdulla bin Touq Al-Mari
| Photo Credit: PTI

India and the United Arab Emirates (UAE) have discussed issues related to market access, data sharing, allocation of gold import quota, anti-dumping, and services to boost economic ties, the Commerce Ministry said on Thursday (November 27, 2025).

These issues were discussed during a meeting of the joint committee under the India-UAE Comprehensive Economic Partnership Agreement (CEPA).

CEPA is a kind of Free Trade Agreement (FTA).

“The two sides conducted a comprehensive review of progress under CEPA and detailed discussions were held on market access issues, data sharing, allocation of gold Tariff Rate Quota (TRQ), anti-dumping matters, services, rules of origin, Bureau of Indian Standards (BIS) licensing,” it said.

The India side also briefed the UAE on its recent decision to allocate gold TRQ through a transparent competitive bidding process.

India and UAE also deliberated upon enhancing regulatory cooperation in pharmaceuticals, resolution of issues related to certificates of origin, and early signing of the memorandum of understanding (MoU) on food safety and technical requirements between Agricultural and Processed Food Products Export Development Authority (APEDA), India and Ministry of Climate Change and Environment and the United Arab Emirates (UAE).

The bilateral trade has crossed $100 billion in 2024-25, which is an increase of 19.6% over 2023-24.

India and UAE have fixed a target to increase non-oil and non-precious metal trade to $100 billion by 2030.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *