# UAE's Minister of Foreign Trade highlighted the importance of private sector collaboration in strategic sectors.

*business · news · 2026-05-19 · The Economic Times*

## Key points

- UAE and India are prioritizing private sector-led joint investments in strategic sectors.
- Recent investment commitments include $3 billion by Emirates NBD and $1 billion each from ADIA and IHC.
- Non-oil bilateral trade between India and UAE grew 17% to $76 billion in 2025-26.
- Total bilateral trade under CEPA has surpassed $100 billion, with a $200 billion target by 2032.

**Companies:** Emirates NBD, Abu Dhabi Investment Authority, International Holding Company, RBL Bank, National Investment and Infrastructure Fund, Sammaan Capital
**Countries:** India, UAE

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/news/economy/foreign-trade/pvt-sector-deals-are-key-to-push-india-united-arab-emirates-ties-ahead-says-uae-minister/articleshow/131209551.cms)

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