Page 339 - MOE ENGLISH PR REPORT - JULY 2024

7/29/24, 2:03 PM Investopia Global Talks Launched In India's Chennai To Strengthen UAE-India Economic Partnership In New & Sustainable Econo…
the Red Sea Crisis,” emphasized the significance of capitalizing on opportunities and enablers
offered by both countries to overcome current global economic challenges. It also aimed to

facilitate the exchange of experiences and best practices in sustainable sectors and activities.
Additionally, the session shed light on the pivotal role of the India-Middle East-Europe

Economic Corridor project.

The second session focused on the key mechanisms and strategies for decarbonizing heavy
industries in both markets. This plays a vital role in the efforts to achieve climate neutrality in

the future and enhancing green partnerships between the two countries. The session also
highlighted the significance of adopting advanced technologies and innovations that facilitate

the transition towards sustainable sectors and promote environmentally friendly economic
growth. Furthermore, it discussed the importance of finding suitable solutions to address the
escalating environmental challenges.

The third session, titled“Make it in the Emirates” reviewed the significance of the UAE's
industrial sector in bolstering the country's reputation as a leading global destination for

international investors. It highlighted the policies adopted by the UAE and the incentives that
were launched to promote this crucial sector over the years. Moreover, the session
underscored the crucial role of adopting innovative and smart solutions and artificial

intelligence (AI) to enhance the efficiency, growth, and competitiveness of industrial
companies. Additionally, it explored the benefits that both UAE and Indian private sectors can

derive from the UAE-India Comprehensive Economic Partnership Agreement (CEPA) across
various industrial sectors and activities.

In addition, a roundtable discussion featuring government officials, businessmen, and

investors from both countries was held with an objective to examine the potential economic,
investment, and trade prospects within the private sector, while also enabling the sector to

maximize the benefits from them.

Investopia Global Talks has held over 11 rounds of dialogues covering prominent global
markets including New Delhi, Mumbai, New York, Geneva, Milan, London, Cairo, Rabat,

Havana, and Dubai.

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