UAE keen to expand economic and investment ties with India; Sheikh Mohammed

By Salma C, Intern Reporter
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Sheikh Mohammed & Mr. Pinarayi Vijayan
The Indian state of Kerala Chief Minister Mr. Pinarayi Vijayan during the visit to UAE

The UAE Vice President, Prime Minister and Ruler of Dubai HH Sheikh Mohammed bin Rashid Al Maktoum has lauded the distinguished relations with India, stressing the UAE’s keenness to strengthen economic and investment cooperation with the country.

While speaking in the meeting with the Chief Minister of the Indian state of Kerala, Mr. Pinarayi Vijayan, at Expo 2020 Dubai, the Dubai Ruler remarked that India is the UAE’s second-largest trading partner in the world while the UAE is India’s third-largest trading partner and the largest in the Arab world.

H.H. Sheikh Mohammed further added that the UAE’s ability to provide a suitable environment for foreign investment, a supported legislative framework protecting these investments, and the production base for international companies to establish their headquarters create extensive opportunities to enhance partnerships between the two countries.

The Dubai Ruler praised India’s participation in Expo 2020 Dubai while adding that the country’s participation in Expo 2020 Dubai allows the two countries to explore new partnerships that can help build on the strong historical ties. The Ruler also applauded ‘Kerala Week’ organizers within Indian Pavilion, which will showcase the state’s economic and investment potential.

The meeting was also attended by Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance.

Welcoming the Chief Minister of Kerala, HH Sheikh Mohammed praised the contribution of the Indian expatriate community to the development of UAE and highlighted the growing investments in each other’s economies, especially renewable energy, logistics services, air transport, and food security.

The Kerala Chief Minister expressed his pride in the strong relationship of the Kerala people have with the UAE. Mr. Vijayan conveyed his deep appreciation to the UAE government for ensuring the welfare of the Indian expatriate community. Expatriates from Kerala account for a large percentage of the Indian community in the UAE.

Mr. Pinarayi Vijayan noted that the two countries have significantly enhanced their ties in recent years as evidenced by the growing bilateral trade. Mr. Vijayan also expressed the hope that the two sides will continue to advance their cooperation in various sectors and wished the UAE leadership and people continued progress and prosperity in the years to come.

The meeting was also attended by Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority Chairman of Dubai Airports and Chairman and Chief Executive of Emirates Airline Group, Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, and several ministers and officials from both sides.

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