<h1>India-UAE Business Summit: Leaders Boost Ties, Launch CEPA Council, Aim for $100B Trade by 2030, Sign Currency MoU.</h1> The India-UAE Business Summit, part of the Vibrant Gujarat Global Summit 2024, aimed to strengthen bilateral ties between India and the UAE. Key figures from both nations, including India's Prime Minister and UAE's President, participated. The summit featured the launch of the UAE India CEPA Council website and a report on the India-UAE Start-Up Initiative. Bilateral trade has increased by 15% since the India-UAE Comprehensive Economic Partnership Agreement (CEPA) took effect in May 2022, with a target of $100 billion in non-oil trade by 2030. A Memorandum of Understanding was also signed to promote local currency use for cross-border transactions.