The Ministry of Economy of the United Arab Emirates has announced that it has organized a joint economic forum between the two countries in cooperation with the Embassy of the UAE in India and the Ministry of Commerce and Industry of India.

According to Amac News: In the announcement of the UAE Ministry of Economy, it is stated that in this program, agreements were exchanged, initiatives were launched to promote bilateral economic growth between the two countries.
The forum, themed Beyond CEPA: Innovation and Future-Ready Economies, will focus on healthcare, biotechnology, renewable energy, sustainability, artificial intelligence, logistics and supply chains, and agricultural technology, according to the announcement.
During the forum, G42 presented its Indian Large Language Model (LLM), NANDA, which will benefit local communities and encourage the adoption of advanced technologies and support the growth of India's AI ecosystem.
Among other agreements, Lulu Group, a hypermarket and supermarket retail chain headquartered in Abu Dhabi, has partnered with the Agricultural and Processed Export Development Authority of India to procure and import Indian organic products in the UAE.
International Resources Holding RSC LTD, a natural resource extraction company based in the United Arab Emirates, Oil India Limited, Khanij Bidesh India Limited (KABIL) and ONGC Videsh Limited (OVL) have signed a strategic partnership agreement to share their expertise in identifying, acquiring and developing Combine assets on a global scale, including in India.
Emirates-based aircraft maintenance organization Global Jet Technic has signed contracts with Indian airlines InterGlobe Aviation Services, Air India and Akasa Air to provide aircraft maintenance services.
The Abu Dhabi Chamber of Commerce and Industry and the Confederation of Indian Industries entered into cooperation with the aim of increasing investment opportunities for the private sector in the UAE and India and facilitating the exchange of relevant information on economic development in order to strengthen trade cooperation and expand economic avenues.
The CEPA Council of the UAE and India signed two agreements with the aim of expanding the scope of CEPA benefits in the business communities of both sides. The first agreement was signed with the Ras Al Khaimah Economic Zones Organization (RAKZ) and the second was signed with the Abu Dhabi Chamber of Commerce and Industry.
Rorix Holdings, a global trade and trade facilitation company, signed a collaboration agreement with Indian logistics company Adani Ports and Special Economic Zone Limited to integrate advanced technologies into India's infrastructure.
This forum was held as part of a diverse and comprehensive agenda during the official visit of His Highness Sheikh Khalid bin Mohammed bin Zayed Al Nahyan to India.
The forum will build on the continued increase in bilateral non-oil trade, which reached $28.2 billion in the first six months of 2024.
These figures underline the benefits of the UAE-India CEPA, which has proven to be a key driver of industrial production, employment and global competitiveness, setting the stage for further cooperation in the coming months and years.
The UAE-India CEPA, inaugurated in May 2022 as the UAE's first bilateral trade agreement, will provide greater access for UAE exports entering the Indian market, reduction and elimination of tariffs, growth of cross-border trade and increased market access to provide Facilitates UAE service providers.