Tag: Trade

India and US set ambitious $500 billion trade goal by 2030

The Brew News Team Feb. 17, 2025

NEW DELHI: India and the United States have set an ambitious goal to double bilateral trade to $500 billion by 2030, reinforcing their economic partnership with new strategic initiatives in technology, defence, and commerce. Indian Foreign Secretary Vikram Misri announced the decision, highlighting the launch of the US-India Compact for the 21st Century, a framework […]

UAE signs agreement to strengthen customs cooperation with United States

The Brew News Team Sep. 26, 2024

WASHINGTON: Today, during President His Highness Sheikh Mohamed bin Zayed’s official visit to the United States, the United Arab Emirates (UAE) and the United States signed a significant agreement focusing on customs cooperation. This agreement is designed to enhance economic, trade, and customs collaboration while facilitating the exchange of customs expertise and information between the […]

UAE-India non-oil trade increased by 10% in H1 2024

The Brew News Team Sep. 11, 2024

ABU DHABI: In the first half of this year, non-oil trade between the UAE and India surged by 10%. This increase was highlighted during the UAE-India Business Forum held in Mumbai. The forum, organised in collaboration with the Indian Ministry of Commerce and Industry, focused on exploring new cooperation opportunities and enhancing economic ties. Significant […]

Dubai announces world’s largest logistics hub to boost trade in foodstuffs, fruits and vegetables

The Brew News Team Jul. 11, 2024

DUBAI: Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, recently announced an ambitious plan to develop the world’s largest Logistics Hub for Foodstuffs, Fruit, and Vegetable Trade. This initiative is not just about infrastructure; it’s about enhancing the lives of Dubai’s residents and making the […]

Sharjah Chamber concludes India trade mission, hosting 365 bilateral business meetings

The Brew News Team May. 13, 2024

Sharjah: The Sharjah Chamber of Commerce and Industry (SCCI), represented by the Sharjah Exports Development Centre (SEDC), successfully wrapped up its trade mission to India. This mission facilitated 365 bilateral business meetings, connecting companies from the mission with over 220 Indian businesses spanning diverse sectors. The mission’s second phase included the Sharjah-India Business Forum in […]

Gulfood showcases Dubai as a global market bridge for trade

The Brew News Team Feb. 21, 2024

Dubai: Gulfood 2024 in Dubai has brought together leaders from the food trade industry worldwide. From February 19th to 23rd, 2024, they’re exchanging ideas, making new connections, and finding fresh business opportunities. With 5,500 exhibitors and visitors from 190 countries, Dubai Gulfood is setting the pace for the trade industry’s future. It’s the biggest annual […]

India- UAE signed MOU for promoting local currencies in cross-border trade. Target of reaching US$100 billion non-oil trade annually over the next five years

Shaneer N. Siddiqui Jul. 15, 2023

ABU DHABI: The meeting of Indian PM Narendra Modi and UAE President Sheikh Mohammed bin Zayed Al Nahyan in Abu Dhabi on Saturday comes with many new landmark initiatives. They discussed strengthening the ”distinguished historical relations” between the UAE and India and ways to achieve the goals of the ambitious strategic and development partnership. In […]

A year after signing India-UAE CEPA Agreement, bilateral trade grew by 27.5% with exports to the region growing by 19.32%

Shaneer N. Siddiqui Feb. 18, 2023

Dubai: The historical India-UAE Comprehensive Economic Partnership Agreement (CEPA) was signed on February 18, 2022 during the Virtual Summit in the presence of Indian prime Minister Narendra Modi and  His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates. Marking a successful year of CEPA signing, a Special Business Event was […]

First Consignment from India to UAE under CEPA received

Shaneer N. Siddiqui May. 03, 2022

The historic India-UAE Comprehensive Economic Partnership Agreement (CEPA) which was signed between the two nations on 18 February 2022, officially entered into force on 1st May 2022. CEPA is a watershed in the deepening bi-lateral ties between India and UAE. The agreement will boost trade in goods and services, increase the flow of cross-border investments, […]

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