Tuesday May 10, 2022

UAE delegation to visit India to explore joint investment

UAE delegation   to visit India to explore joint  investment

Photo used for illustrative purposes.

A UAE high-profile delegation will visit India today (Wednesday) to explore prospects of joint investment and cooperation within the framework of the UAE-India Comprehensive Economic Partnership Agreement (CEPA).

Abdullah Bin Touq Al Marri, Minister of Economy, will lead the delegation with the participation of Dr Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and SMEs; Dr Ahmed Al Banna, UAE Ambassador to India; Juma Mohammed Al Kait, the Assistant Under-Secretary for Foreign Trade Affairs, Ministry of Economy; Faisal Al Hammadi, Acting Assistant Under-Secretary for Entrepreneurship and SMEs; Abdulla Mohamed Almazrui, Chairman of the Abu Dhabi Chamber of Commerce and Industry; Osama Amir Fadhel, Assistant Under-Secretary for the Industrial Accelerators Sector at Ministry of Industry and Advanced Technology; and over 80 representatives of the government and private sectors.

The visit aims to lay down sustainable mechanisms that empower the business community in both countries to maximise their benefit from the CEPA signed by the two countries in February 2022 and came into effect early this month.

The visit will also brief the UAE delegation about the facilities and services that the historic CEPA will provide to companies and businesses in both countries and the opportunities for building new sustainable partnerships that will leverage the UAE-India relations to unprecedented levels across various walks of economic work.

WAM

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