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Indian Prime Minister Narendra Modi

India keen to bolster trade, investment with UAE

DUBAI, February 12, 2018

India is interested in bolstering constructive economic, trade and investment cooperation with the UAE in order to serve mutual interests, stated Indian Prime Minister Narendra Modi in Dubai yesterday (February 11).

India is interested in bolstering constructive economic, trade and investment cooperation with the UAE in order to serve mutual interests, stated Indian Prime Minister Narendra Modi while addressing a meeting of the Emirati-Indian business community in Dubai yesterday (February 11).

He said the UAE and India maintain exemplary friendly and constructive bilateral ties, reported Emirates news agency Wam.

Narendra Modi today delivered the keynote speech at the World Government Summit, for which India has been selected as guest of honour.

The meeting was attended by Sultan bin Saeed Al Mansouri, Minister of Economy, Dr. Anwar Gargash, Minister of State for Foreign Affairs, and a crowd of prominent Emirati and Indian businessmen and investors.

Speaking at the event, Al Mansour said trade exchange between the UAE and India - including oil - reached $ 52 billion in 2016, making the UAE the key trading partner of India in the region.

The UAE, he noted, is the largest Arab investor in India.

He also spoke about the promising prospects for joint strategic partnership between the two friendly countries in various vital fields.

Indian officials gave presentations on the economic and investment opportunities and investment climate and legislations in India.




Tags: India | Modi | UAE investment |

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