UAE: CEPA a huge marker in post-pandemic economic recovery, says Indian envoy

UAE: CEPA a huge marker in post-pandemic economic recovery, says Indian envoy

India and UAE are enjoying a golden era in trade, economic, diplomatic, and cultural relations, the Indian envoy to the UAE said Thursday.

Indian Ambassador to the UAE Sunjay Sudhir said, "The effects of CEPA can already be seen, and the agreement plays a huge marker in post-pandemic economic recovery."

Since the establishment of India-UAE diplomatic relations in 1972, the scope of bilateral ties has widened, and the level of engagement has increased significantly over the past several years.

The ambassador praised UAE's role in promoting peace and prosperity in the region amid turbulent times. "A total of 25 per cent of all Indian passport holders overseas reside in the UAE, which says a lot about our relationship," he added.

"While trade deals take years to negotiate, CEPA has proven that mutual trust and commitment to work together is all that is required to close trade deals," he stated.

Sudhir was speaking at the very first Khaleej Times' Breakfast Connect', a celebration of UAE's year of the 50th and 75th anniversary of India's independence.

The event kicked off at Dubai's Habtoor Palace and Resorts in early August 18. Hosted in cooperation with the Consulate General of India in Dubai, the first-of-its-kind event celebrates trade deals, investments,