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Sign in to searchIndia–UAE Gold Agreement
The India–UAE Gold Agreement is an important component of the Comprehensive Economic Partnership Agreement (CEPA), which came into force in May 2022. The agreement aims to strengthen bilateral trade and deepen economic integration between India and the United Arab Emirates. One of its major provisions relates to concessional import of gold from the UAE into India.
Under the agreement, India provides a 1% customs duty concession on gold imported from the UAE through a Tariff Rate Quota (TRQ) system. The concessional quota began at 120 tonnes in 2022 and will gradually rise to 200 tonnes annually by 2027. The quota allocation is managed by the Directorate General of Foreign Trade through transparent e-auctions for jewellery manufacturers and MSME units.
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Explore India-UAE gold tariff concessions under CEPA, trade benefits for jewellery sector, CAD concerns, and third-country routing risks explained.
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