United Arab Emirates - India Trade Agreement

The United Arab Emirates-India Comprehensive Economic Partnership Agreement entered into force in 2022. It removes 80% of border tariffs between the two countries, and provides for the gradual elimination of all border tariffs over a 10 year period, notably for the following products:

• Iron and Steel
• Articles of Iron and Steel
•  Nickel and articles thereof 
•  Aluminium and articles thereof 
•  Fertilisers 

Its rules of origin state the following conditions for goods to benefit from preferential tariff treatment:

• Final manufacturing should be done in India or in the UAE
• If the non-originating material do not meet the change in tariff classification, the total value of non-originating material should not exceed 10% of the Free on Board (FOB) or Ex-works product price. 

Want to know more about this policy ? Learn more