CEPA paves way for new era of growth for UAE, India: Musabih

CEPA paves way for new era of growth for UAE, India: Musabih

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Dubai: The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and India paves the way for a new era of joint economic growth and prosperity in the two countries, improves mutual access to markets, enhances economic and investment opportunities and paves the way for broader prospects, said His Excellency Ahmed Mahboob Musabih, Director General of Dubai Customs and CEO of Ports, Customs and Free Zone Corporation.

Speaking at the 3rd Edition of LOGIX India, in Dubai, supported by the UAE’s National Association of Freight and Logistics (NAFL), His Excellency said: “The agreement aims to raise the value of non-oil trade from $40 billion annually to $100 billion within five years, which creates tremendous opportunities for the business community and companies in both countries.”

Key Logistics players in India and UAE are utilizing the three-day event, held at Hotel Le Meridien Dubai, to work out ways and means to improve the prospects of the