“Indian exports are likely to increase further in the coming months, with increasing use of the CEPA by exporters"
The commerce and industry minister Piyush Goyal on Sunday said that India’s non-petroleum exports to the United Arab Emirates (UAE) grew 14 per cent year on year to $5.92 billion during June-August, from $5.17 billion a year ago.
The India-UAE Comprehensive Economic Partnership Agreement (CEPA), which kicked in on May 1, is already creating a ‘significant positive impact’ on the trade between the two nations. The government said it did not include the month of May in the analysis as it is considered a transitory period.
“It is pertinent to note that India’s global non-petroleum exports during the same period
First Published: Sep 25 2022 | 8:52 PM IST