India produces virtually no gold, round tripping between India and UAE is an act of malfeasance[9]. From various media reports, the number of gold smuggling cases from Dubai to India has been on the rise despite tall claims by UAE authorities to stop smuggling of gold. On this gold smuggling scam, Dr. S. Jai Shankar, External Affairs Minister of India, commented that, “the truth will come[14]”. The signing of India- UAE Comprehensive Economic Partnership Agreement (CEPA) on 18th February 2022 and entered into force on 1st May, 2022 has further given opportunity to the UAE to brings goods from Pakistan to India and vice-versa. The earlier the government of India act to clear this mess being created by the UAE authorities in India the better would be for the economy and security of the country.
Source: The Hindu December 28, 2023 05:45 UTC