Page 396 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)
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9/19/24, 2:06 PM India-UAE Business Forum in Mumbai to explore trade, investment and partnership opportunities
India-UAE Business Forum in Mumbai to explore trade, investment and partnership opportunities
Bilateral non-oil trade between the UAE and India reached $28.2 billion in the first six
months of 2024, up 9.8 percent annually
The forum will focus on the potential of healthcare, biotechnology, renewable energy, sustainability, AI, logistics and supply
chains, and agricultural technology
Published: Mon 9 Sep 2024, 6:26 PM
The India-UAE Business Forum will kick off tomorrow in Mumbai to explore mutually beneficial
trade, investment and partnership opportunities between the two countries. Under the theme
“Beyond CEPA: Innovation and Future-Ready Economies”, the forum will focus on the potential of
healthcare, biotechnology, renewable energy, sustainability, AI, logistics and supply chains, and
agricultural technology.
“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,” stated Dr. Thani bin Ahmed Al Zeyoudi, Minister
of State for Foreign Trade.
Bilateral non-oil trade growth
Organized by the UAE’s ministry of economy, the UAE embassy in New Delhi, and India’s ministry
of commerce and industry, the India-UAE Business Forum will gather government officials,
business leaders, industrialists and entrepreneurs. It seeks to leverage the opportunities that
the Comprehensive Economic Partnership Agreement (CEPA) created.
The forum will build on the consistent rise in bilateral non-oil trade between the UAE and India,
which reached $28.2 billion in the first six months of 2024. That is a significant 9.8 percent increase
compared to the same period in 2023.
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