Story perspectives

UAE and India Aim to Double Trade to $200 Billion by 2032

1/27/2026

Summary

Story summary

UAE President Sheikh Mohamed bin Zayed Al Nahyan and Indian Prime Minister Narendra Modi pledged to double trade to $200 billion by 2032.
They built on the 2022 Comprehensive Economic Partnership Agreement to pursue expanded trade.
Key agreements include a Strategic Defence Partnership and initiatives in space, energy and food security.
Dr. Deepak Mittal, India's Ambassador to the UAE, highlighted Indian community's role and the partnership's foundation in mutual trust.

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Story summary

UAE President Sheikh Mohamed bin Zayed Al Nahyan and Indian Prime Minister Narendra Modi pledged to double trade to $200 billion by 2032.
They built on the 2022 Comprehensive Economic Partnership Agreement to pursue expanded trade.
Key agreements include a Strategic Defence Partnership and initiatives in space, energy and food security.
Dr. Deepak Mittal, India's Ambassador to the UAE, highlighted Indian community's role and the partnership's foundation in mutual trust.