CEPA Council’s Newsletter – Issue Two

This edition celebrates the second anniversary of the CEPA implementation, reporting a 27% increase in Indian exports to the UAE and a significant rise in non-oil bilateral trade. It highlights business roundtables in Jaipur, Kolkata, Mumbai, Patna, and Bhubaneswar, emphasizing outreach in Tier 2/3 cities. The newsletter also includes a case study on gems and jewellery exports, a spotlight on Ras Al Khaimah’s investment potential, and features Manishankar Oils as “Business in Focus.” This issue demonstrates CEPA’s growing reach across regions and sectors.

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PUNJAB

Trade Rank with the UAE (State-wise)

14th (FY 2023-24)

UAE DIRECT INVESTMENT IN PUNJAB

(OCT 2019-JUN 2023)​

USD 16.72 MILLION

BILATERAL TRADE (FY 2023-24)​

Punjab’s Exports to the UAE

USD

0.22

BILLION

0.64%

of Total Exports of the UAE

Punjab’s Imports from the UAE:

USD

0.35

BILLION

0.73%

of Total Imports from the UAE

Punjab’s Total Trade with the UAE:

USD

0.57

MILLION

0.69%

of the Total Trade with the UAE