India-UAE trade crosses 100 billion dollars, says EAM Jaishankar

External Affairs Minister S. Jaishankar has said that India-UAE bilateral trade has crossed 100 billion dollars since the signing of their Comprehensive Economic Partnership Agreement (CEPA). He said, despite global headwinds and regional challenges, the economic partnership continued to set new benchmarks. Dr Jaishankar said, growing two-way investments reflected businesses? confidence in each other?s economies, while cooperation in defence, energy and technology was acquiring a strategic character. Expressing concern over the situation in the Gulf, the External Affairs Minister called for dialogue and diplomacy to resolve the crisis. He reiterated India?s support for the free, safe and unimpeded flow of trade, energy, and fertiliser. He also thanked the UAE leadership for ensuring the well-being of the Indian community in the country.

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