India-UAE trade pact set to almost double two-way trade to USD 100 billion in 5 yrs

The agreement will provide significant benefits to Indian and UAE businesses, including enhanced market access and reduced tariffs, an official statement said. "It is expected the CEPA 9Comprehensive Economic Partnership Agreement) will lead to an increase in bilateral trade from the current USD 60 billion to USD 100 billion in the next five years," it said.

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