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CEPA: India's non-oil exports to UAE rise 5% during June-January

India exported goods worth $285.9 billion during the June-January period, up 3.1%

indian economy, exports, imports, trade deficit

A senior government official said trends in the issuance of certificates of origin (COO) indicates a ‘consistent’ increase utilisation of the trade deal

Shreya Nandi New Delhi
India’s non-petroleum exports to the United Arab Emirates (UAE) grew 5 per cent at $15.2 billion during the June-January period, compared to a 3.4 per cent contraction of such exports to the rest of the world.

The data was compiled by the department of commerce to study the impact of the Comprehensive Economic Partnership Agreement (CEPA) that came into force on May 1.

The government has not been using the data for May — the first month when the agreement kicked in — to map the progress of the trade deal, stating that it could be an aberration. Besides, non-oil

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First Published: Feb 17 2023 | 7:11 PM IST

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