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India, UAE set $100 bn non-oil trade target
The Daily Guardian
|September 19, 2025
India and the United Arab Emirates (UAE) have set a new goal of achieving USD 100 billion in non-oil. non-precious metals trade within three years, Union Commerce and Industry Minister Piyush Goyal announced on Wednesday in Abu Dhabi.
He also underlined that trade negotiations with the United States are progressing positively, reflecting India’s expanding global economic partnerships.
Speaking at the 13th meeting of the India-UAE High-Level Task Force on Investments, co-chaired with Sheikh Hamed bin Zayed Al Nahyan, Goyal said the renewed UAE target marks a diversification from traditional sectors. "We've set a new goal today: both teams will work on achieving USD 100 billion in non-oil, non-precious metals trade," he said. Areas identified for growth include textiles, fisheries, home décor, leather, food processing and pharmaceuticals.
In a significant step, both nations agreed to jointly develop infrastructure projects in third countries, particularly in mining and housing, combining India’s technology and skilled workforce with the UAE's investment strength.
Cette histoire est tirée de l'édition September 19, 2025 de The Daily Guardian.
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