Turning economic cooperation into shared prosperity
The article discusses the United Arab Emirates' (UAE) approach to BRICS since joining in January 2024, emphasizing economic cooperation for stability, resilience, and shared prosperity. It highlights BRICS' diversity, its role in strengthening the multilateral trading system, facilitating trade and investment, and the importance of the New Development Bank (NDB). The UAE-India Comprehensive Economic Partnership Agreement (CEPA) is presented as a successful example of practical connectivity, with ambitious bilateral trade targets. The article underscores the UAE's economic model centered on connectivity and its readiness to contribute to BRICS' goals, particularly under India's 2026 Chairship.
The article discusses the United Arab Emirates' (UAE) approach to BRICS since joining in January 2024, emphasizing economic cooperation for stability, resilience, and shared prosperity. It highlights BRICS' diversity, its role in strengthening the multilateral trading system, facilitating trade and investment, and the importance of the New Development Bank (NDB). The UAE-India Comprehensive Economic Partnership Agreement (CEPA) is presented as a successful example of practical connectivity, with ambitious bilateral trade targets. The article underscores the UAE's economic model centered on connectivity and its readiness to contribute to BRICS' goals, particularly under India's 2026 Chairship.
Exam linkage
GS Paper 2: International Relations - Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests.
Syllabus mapping
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