Page 26 - MOE ENGLISH PR REPORT - JULY 2024

Press Release

H.E. Bin Touq discusses ways to enhance cooperation in new economy,

tourism, entrepreneurship and transport sectors during meetings with
Tamil Nadu CM & Minister for Industry and Investment Promotion

Minister of Economy reiterates UAE’s keenness to continue working with

partners in Indian government to support the sustainable growth of both
economies

Abu Dhabi, 26 July 2024:

H.E. Abdulla bin Touq Al Marri, Minister of Economy, held bilateral meetings with Shri M.K.
Stalin, Chief Minister of the Indian State of Tamil Nadu; and Dr. T.R.B. Rajaa, Minister for
Industry, Investment Promotion and Commerce in the Government of Tamil Nadu, in the presence
of H.E. Alia Bint Abdulla Al Mazrouei, Minister of State for Entrepreneurship, to explore the
strengthening of cooperation in the sectors of the new economy, tourism, entrepreneurship, SMEs,
transport and fintech. The meetings took place during a UAE delegation’s visit led by H.E. Bin
Touq to India recently.

H.E. Bin Touq conveyed regards of His Highness Sheikh Mohammed bin Zayed Al Nahyan,
President of the UAE, to Shri M.K. Stalin, emphasizing that the UAE and India share strategic
economic, political and cultural relations, which continue to grow and scale new heights.

The Minister of Economy said: "India is a strategic economic partner to the UAE and we look
forward to continuing to work with our partners in the Indian government in sectors and areas of
mutual interest. Our joint efforts will contribute to enhancing the distinct economic partnership
between the two countries, thus supporting the growth and sustainability of both economies."

Furthermore, H.E. Bin Touq reviewed the UAE's efforts in developing the tourism sector,
especially in light of the objectives of the National Tourism Strategy 2031. The strategy aims to
raise the country’s status as the best tourism identity in the world, consolidating its position as a
leading tourism destination; increase the sector’s contribution to the national GDP to AED 450
billion; and attract new investments of AED100 billion to the national tourism sector by the next
decade.

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