New Delhi, Jan. 20 -- India and the United Arab Emirates (UAE) on Monday agreed to more than double bilateral trade to over USD 200 billion by 2032, besides boosting defense and strategic ties in a meeting between the visiting UAE President Sheikh Mohamed bin Zayed Al Nahyan and Prime Minister Narendra Modi.

The two sides also decided to expand cooperation in nuclear energy, and enhance UAE involvement in financing India's infrastructure.

Push to Double Bilateral Trade

India and the UAE set a target of USD 200 billion in bilateral trade by 2032, building on the Comprehensive Economic Partnership Agreement (CEPA) signed in 2022.

The joint statement said the goal will be advanced by strengthening MSME linkages and opening new markets th...