Page 397 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)

9/19/24, 2:06 PM India-UAE Business Forum in Mumbai to explore trade, investment and partnership opportunities
“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,” added Al Zeyoudi.
Private sector opportunities
The India-UAE Business Forum’s panels highlight the abundance of opportunities for the private
sectors of both countries. Topics of discussion will include “Healthcare and Biotechnology:
Pioneering the Future of Medicine”. This panel will focus on ways the UAE and India can leverage
the CEPA to develop partnerships in biotechnology, genomic medicine, and AI-driven healthcare.
Moreover, it will focus on digital health and pharmaceutical research.
Another session on AI and emerging technologies seeks to explore how these tools can be developed
and the areas that can benefit from them.
Meanwhile, the session “Renewable Energy and Sustainability: Pioneering the Green Revolution”
will showcase the UAE’s pioneering efforts in delivering wind, solar, and geothermal solutions
across the developing world.
Other sessions will discuss opportunities in logistics and agricultural technology and sustainable
farming practices.
Read: Abu Dhabi Crown Prince Sheikh Khaled meets Indian Prime Minister Narendra Modi
UAE-India CEPA
The UAE-India CEPA was the first part of the UAE’s new foreign trade agenda that sought to
strengthen ties with strategically important nations worldwide. Following its implementation in May
2022, businesses in both countries benefitted from reducing or removing tariffs on more than 80
percent of products. In addition, the benefitted from removing unnecessary trade barriers and
harmonizing customs regulations and processes.

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