UAE-India CEPA Hits $101 Billion Trade for Second Year, Sets $200 Billion Target After Modi’s Abu Dhabi Visit

Date:

UAE-India bilateral trade crossed $101.25 billion in the financial year 2025-26, surpassing the $100 billion milestone for the second consecutive year under the Comprehensive Economic Partnership Agreement that took effect in 2022, confirming that CEPA has delivered durable structural trade acceleration. Non-oil trade now accounts for nearly two-thirds of the bilateral total, spanning manufacturing, pharmaceuticals, engineering goods, technology, financial services, and logistics. The milestone was announced alongside a new joint target of $200 billion in bilateral trade by 2032, underlined by the most substantive high-level engagement between the two countries in years: Indian Prime Minister Narendra Modi’s visit to Abu Dhabi on May 15, 2026.

Modi Abu Dhabi Visit: $5 Billion Investment and Seven Agreements

Abu Dhabi committed $5 billion in fresh investment into India during the Modi visit, spanning renewable energy, infrastructure, and digital sector assets, and both governments signed seven bilateral agreements. Sectoral coverage ranged from space infrastructure cooperation (covering joint launch facilities, manufacturing zones, incubation centres, and training institutions) to LNG supply, digital technology, and financial services. The visit represented the most commercially substantive bilateral engagement since CEPA took effect, and the $5 billion investment commitment from Abu Dhabi reflects the UAE’s recognition that India’s 8-plus per cent GDP growth trajectory makes it one of the most important long-term capital deployment destinations for Gulf sovereign wealth.

ADNOC Gas Signs 10-Year, 0.5 MTPA LNG Supply Deal With India

On January 19, 2026, ADNOC Gas and India finalised a long-term LNG supply agreement under which ADNOC Gas will supply 0.5 million metric tonnes of LNG annually to India over a ten-year period, addressing India’s growing gas import requirement as its industrial sector expands and its power generation mix shifts toward cleaner fuels. For ADNOC, the India deal adds a significant long-term offtake relationship that diversifies the customer base beyond traditional Asian LNG buyers. The energy dimension of the UAE-India partnership now spans oil supply agreements, LNG contracts, renewable energy investment, and refinery collaboration, a depth of energy trade integration that underpins the broader $200 billion bilateral trade target with a strong structural foundation in both countries’ long-term energy needs.

Primary source: the UAE Ministry of Economy and Tourism, the ministry responsible for the country’s trade agreements.

James Mitchell
James Mitchell
James Mitchell covers business and markets for Gulf Times Now — company results, economic data, banking, real estate and the deals reshaping the GCC. He writes the numbers side of the Gulf economy: what a figure actually means for the companies and people behind it, rather than the headline it makes. His work runs across our Business and Markets sections.

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Abu Dhabi Accident Report: The AED 500 Fee

Printing an Abu Dhabi traffic accident report costs AED 500, a confirming certificate AED 100. When you need which document, and how to avoid paying for both.

Abu Dhabi People of Determination Card: Free

Abu Dhabi's People of Determination Card is free, issued in 1 working day. The linked parking permit needs kinship proof and takes 3 days. Full guide.

Abu Dhabi Vehicle Impounding: Fees for Each Step

Abu Dhabi's Smart Vehicle Impounding costs AED 15/day, the release certificate AED 100, and leaving it uncollected adds AED 50-100 more. Full guide.

Abu Dhabi Traffic Points: 24-Point Licence Rule

At 24 traffic points, Abu Dhabi drivers must surrender their licence, free but mandatory. How points attach to a licence and the AED 100 clearance cert.