Page 413 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)

9/19/24, 2:07 PM UAE-India Business Forum to kick off tomorrow in Mumbai
The event will bring together business leaders, government officials, industrialists,

and entrepreneurs as part of bilateral efforts to leverage the opportunities created

by the Comprehensive Economic Partnership Agreement, which came into force

in May 2022.

“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 Dr. Thani bin Ahmed Al
Zeyoudi
UAE Minister of State for
diversification objectives. The forum will build Foreign Trade

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 percent

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 forum’s panel titled “Healthcare and Biotechnology: Pioneering the Future of

Medicine”, will focus on ways the UAE and India can harness CEPA to develop

partnerships in biotechnology, genomic medicine, AI-driven healthcare, digital

health, and pharmaceutical research.

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