Page 27 - MOET ENGLISH PR REPORT - JULY 2025
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legislation aimed at encouraging UAE and Indian business communities to invest in future economic
              sectors and expand into international markets, leveraging their unique strengths.

              Both  sides underscored  the significance of Andhra Pradesh hosting  the Investopia Global  Talks,
              offering  a  valuable  platform  for  highlighting  promising  investment  and  economic  opportunities,
              facilitating connectivity and communication between UAE and Indian investors, and creating new
              pathways  for  collaboration  across  vital  sectors  including  technology,  renewable  energy,  food,
              agriculture, and digital economies.

              UAE’s efforts in developing economic food cluster


              During his meeting with H.E. T. G. Bharath, Minister for Industries, Commerce and Food Processing,
              H.E.  bin  Touq  highlighted  the  UAE’s  efforts  to  develop  a  food  cluster  combining  agricultural
              production, food industries, and latest agricultural technology within a unified ecosystem based on
              collaboration and integration. These efforts enhance  the national economy’s competitiveness and
              empower private sector companies in food sector and related activities.

              Strengthening cooperation on digital economy


              In  a  sperate  meeting,  H.E.  Abdulla  bin  Touq  and  H.E.  Nara  Lokesh,  Minister  for  Information
              Technology, explored the importance of collaborative efforts in digital economy and adopting modern
              technologies as key enablers of growth in vital economic sectors. Both sides emphasized that digital
              transformation directly contributes to building more efficient business environments and enhances
              innovation, competitiveness, and productivity.

              The Minister of Economy and Tourism also met with H.E. R. Mukundan, President-designate of the
              Confederation of Indian Industry (CII) for the 2025-2026 term, to explore avenues for enhancing
              economic  and  investment  collaboration  between  the  UAE  and  India.  The  meeting  focused  on
              strengthening public-private partnerships across innovation, industry, technology, entrepreneurship,
              while also discussing the means to enhance the food sector and growth of SMEs.


              The meeting highlighted the importance of continued dialogue between governmental entities and
              business communities in enhancing the food sector and enabling SMEs to play a stronger role in
              driving economic growth and achieving sustainable development.

                                                            -End-


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