Page 271 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)

9/19/24, 4:27 PM UPDATE: Crown Prince of Abu Dhabi attends India-UAE Business Forum in Mumbai; witnesses exchange of agreements, launch o…
Finally, Rorix Holdings, a global trading and trade facilitation company, signed a

cooperation agreement with Indian logistics company Adani Ports and Special

Economic Zone Limited to integrate advanced technologies into India's

infrastructure.

The forum took place as part of a diverse and comprehensive agenda during His

Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan's official visit to

India.

The UAE delegation at the India-UAE Business Forum was led by Dr Thani bin

Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, and comprised senior

members of UAE-based entities representing key public and private sectors.

His Excellency Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign

Trade, said: "The India-UAE Business Forum is another important opportunity to

bring our business leaders together to discuss areas of mutual benefit, and develop

the networks that will support our respective economic growth and diversification

objectives.

"The forum will build on the consistent rise in bilateral non-oil trade, which reached
US$28.2 billion in the first six months of 2024 - a 9.8 per cent increase on the same

period in 2023 and set against a marked decline in trade growth around the world in
H1 2024.

"The figures underline the benefits of the UAE-India CEPA, which has proved to be

a major driver of industrial output, employment and global competitiveness, and

provide the platform for greater collaboration in the months and years ahead."

The UAE-India CEPA, inaugurated in May 2022 as the UAE's first bilateral trade

deal, facilitates greater access for UAE exports entering the Indian market,

reduction and removal of tariffs, growth of cross-border trade and increased market

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