India-UAE target $200bn bilateral trade by 2032; commit to local currencies, payments, digital initiatives — Check here
India and the UAE aim to boost bilateral trade to $200 billion by 2032, as discussed in the 14th India-UAE High Level Joint Task Force on Investments meeting. Co-chaired by Piyush Goyal and Sheikh Hamed bin Zayed Al Nahyan, the task force emphasized local currency settlements and digital initiatives. The next steps include enhancing investment in sectors like energy and technology.