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India, UAE ministers to discuss ways to boost trade ties


Commerce and business minister Piyush Goyal will meet UAE economic system minister Abdulla Bin Touq Al Marri on Wednesday right here and talk about methods to additional increase commerce ties between the 2 international locations, an official assertion mentioned on Tuesday.

A high-level delegation led by the UAE minister is visiting India from Wednesday.

“Throughout the go to, the delegation can be assembly with Piyush Goyal, Minister of Commerce and Trade, Client Affairs, Meals and Public Distribution and Textiles, on Might 11 and Might 13, 2022 in New Delhi and

Mumbai respectively to debate bilateral commerce and funding relations,” the commerce ministry mentioned.

The go to offers a possibility to additional strengthen the already shut and dynamic financial ties between the 2 international locations, it mentioned.

The go to additionally contains interactions with key buyers of each side.

The bilateral commerce between two international locations stood at USD 65.1 billion, making UAE India’s third largest buying and selling associate.

“India is on an formidable path to realize USD 5 trillion GDP by 2025 and UAE is taken into account as a beneficial associate in India’s journey to understand this objective,” it mentioned

Numerous engagements in New Delhi and Mumbai, together with B2B occasions, business interactions and investor conferences, are scheduled for the visiting UAE delegation throughout its keep within the nation, it added.

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