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Ministry of Commerce & Industry

14th India-UAE High Level Joint Task Force Meeting Held in Mumbai

PrelimsMainsGS2GS3International RelationsEconomyGovernment Schemes
Source-grounded summary

The 14th Meeting of the India-UAE High Level Joint Task Force on Investments (HLJTFI) was held in Mumbai, co-chaired by the Indian Minister of Commerce & Industry and the Managing Director of the Abu Dhabi Investment Authority (ADIA). The meeting reviewed the progress of bilateral economic cooperation, noting that bilateral trade reached US$101.25 billion in FY 2025-26 and non-oil trade reached US$76.2 billion in 2025 under the Comprehensive Economic Partnership Agreement (CEPA). Both sides discussed initiatives to expand investment flows toward a shared goal of US$200 billion in bilateral trade by 2032, reviewed specific projects including the Food Park in Gujarat and an integrated aluminium complex in Odisha, and evaluated financial cooperation involving local-currency settlements and central-bank digital currencies.

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