India-UAE bilateral trade under CEPA sees 16% rise between 2021-22 & 2022-23

Bilateral trade between India and the UAE under the comprehensive economic partnership agreement (CEPA) has increased from $72.9 billion (April 2021-March 2022) to $84.5 billion (April 2022-March 2023), registering a year-on-year growth of 16 per cent, Commerce Secretary Sunil Barthwal said on the first anniversary of CEPA.