Page 421 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)

9/19/24, 2:08 PM UAE-India Business Forum to begin tomorrow in Mumbai
Comprehensive Economic Partnership Agreement, which came into force in May

2022.

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.

Dr. Thani bin Ahmed Al Zeyoudi, 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 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 panels reflect the breadth of opportunity in front of the private sector.

They include "Healthcare and Biotechnology: Pioneering the Future of Medicine",

which will focus on ways the UAE and India can leverage the CEPA to develop

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

health, and pharmaceutical research.

The session on AI and emerging technologies will seek to explore how these tools

can be developed and the areas that can benefit from them, while the session

"Renewable Energy and Sustainability: Pioneering the Green Revolution" will help

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