Overview

• Meeting in Abu Dhabi is co-chaired by Piyush Goyal and Sheikh Hamed bin Zayed Al Nahyan to review CEPA, the Double Taxation Treaty and central-bank coordination.
• Both sides reported strong progress on local-currency settlement, payment-system integration and CBDC cooperation, with implementation pledged to be finalized soon.
• The task force reviewed joint projects including Bharat Mart in Jebel Ali and directed teams to address investor issues on a fast-track basis.
• Investment and collaboration opportunities were highlighted in maritime and space, alongside business outreach through a UAE‑India Business Council roundtable with CEOs.
• Trade data showed CEPA-driven gains, including FY2023–24 merchandise trade of USD 83.7 billion and H1 2025 non-oil trade near USD 38 billion; an official 2030 USD 100 billion non-oil goal was reiterated as Piyush Goyal floated a three‑year timeline for USD 100 billion in non‑oil, non‑precious‑metal trade.