New Delhi / Abu Dhabi β In a significant move to strengthen strategic and economic ties, India and the United Arab Emirates (UAE) have issued a comprehensive joint statement reaffirming their commitment to regional security and economic growth. The two nations have explicitly condemned terrorism in all its forms and manifestations while setting an ambitious target to double their non-oil bilateral trade by the year 2032.
The announcement followed high-level diplomatic discussions where both leaderships emphasized that no cause can justify acts of terror. The joint declaration highlighted the need for increased cooperation in intelligence sharing and counter-terrorism financing, signaling a unified front against extremism that threatens global stability.
A New Milestone for Economic Cooperation
On the economic front, the partnership is entering a transformative phase. Building on the success of the Comprehensive Economic Partnership Agreement (CEPA), both nations have pledged to scale their bilateral trade from the current levels to $200 billion by 2032. This objective focuses heavily on diversifying trade beyond the traditional petroleum sector, encouraging growth in technology, renewable energy, and food security.
The roadmap to 2032 involves streamlining customs procedures, increasing investments in infrastructure, and supporting small-to-medium enterprises (SMEs) in navigating the international market. Officials noted that the synergy between Indiaβs manufacturing capabilities and the UAEβs position as a global logistics hub creates a unique corridor for trade expansion into Africa and Europe.
Strategic Security and Regional Stability
Beyond commerce, the condemnation of terrorism serves as a cornerstone of the India-UAE security architecture. The two countries emphasized that the fight against terrorism requires a holistic approach, including the rejection of radicalization and the promotion of tolerance. The leaders called for the finalization of the Comprehensive Convention on International Terrorism (CCIT) at the United Nations, a long-standing objective for Indian diplomacy.
Future Ahead
The commitment to doubling trade within the next decade reflects the deep-rooted trust between New Delhi and Abu Dhabi. As India continues its trajectory as one of the world’s fastest-growing economies, the UAE remains a vital partner in energy security and foreign direct investment.
This renewed partnership is expected to create millions of jobs in both countries and foster innovation in emerging fields like Green Hydrogen and Space exploration. As both nations move toward the 2032 target, the focus remains on building a resilient, secure, and prosperous future for the people of both regions.
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