India’s non-petroleum exports to the United Arab Emirates (UAE) grew 5 per cent at $15.2 billion during the June-January period, compared to a 3.4 per cent contraction of such exports to the rest of the world.
The data was compiled by the department of commerce to study the impact of the Comprehensive Economic Partnership Agreement (CEPA) that came into force on May 1.
The government has not been using the data for May — the first month when the agreement kicked in — to map the progress of the trade deal, stating that it could be an aberration. Besides, non-oil