MUMBAI: Dubai’s Crown Prince also held a key meeting with India’s Minister of Commerce and Industry, Piyush Goyal, during his official trip to Mumbai. The high-level discussions signalled a strong intent to deepen the UAE-India economic partnership.
The focus was on boosting cooperation in sectors like trade, logistics, energy, healthcare, technology, and manufacturing. Sheikh Hamdan called it more than an economic connection—he described it as “a shared vision for the future,” rooted in trust, innovation, and prosperity.
The leaders discussed building on the Comprehensive Economic Partnership Agreement (CEPA) and Bilateral Investment Treaty (BIT), which together lay a strong foundation for secure and growth-driven investments. With non-oil trade between the UAE and India jumping by 20.5% in 2024—reaching AED240 billion—the momentum is clearly on their side.
From AI collaboration and digital trade to smart logistics and payment systems, the meeting highlighted how both countries are thinking long-term. Trade facilitation and infrastructure upgrades were also discussed to ensure smoother business exchanges.
Sheikh Hamdan praised India’s remarkable rise in digital innovation and inclusive growth, calling it a model for emerging economies. Both sides reaffirmed their goal of hitting $100 billion in non-oil trade by 2030, as outlined in CEPA.
India and the UAE also looked at how stronger supply chains and digital infrastructure could support their shared ambitions in innovation and economic resilience.
The meeting included top UAE ministers and business leaders, including Sheikh Ahmed bin Saeed and Reem Al Hashimy, reinforcing the importance of this strategic visit.
