Union Commerce and Industry Minister Piyush Goyal revealed that he engaged in talks with UAE Minister of Economy and Tourism Abdulla bin Touq Al Marri to enhance the India-UAE partnership in trade, investment, tourism, and connectivity. The discussions aimed at bolstering bilateral economic cooperation and exploring new avenues for strategic ties between the two countries. Goyal described the meeting as productive, emphasizing the importance of collaboration in various sectors to further deepen the India-UAE relationship.
The focus of the discussions between Piyush Goyal and Abdulla bin Touq Al Marri revolved around strengthening trade, investment, tourism, and connectivity between India and the UAE. Both sides highlighted the increasing momentum in their strategic partnership and reiterated their commitment to creating opportunities for businesses and strengthening people-to-people connections. The meeting underscored the mutual dedication of India and the UAE to advancing their economic partnership and fostering growth in various sectors.
India and the UAE are intensifying their economic ties under the Comprehensive Economic Partnership Agreement (CEPA), with a shared goal of enhancing bilateral trade, investments, and cooperation across key sectors. Piyush Goyal previously mentioned that the CEPA between India and the UAE is driving substantial trade growth and providing new prospects for Indian enterprises. The agreement, which has been in effect for four years, has been instrumental in offering transformative opportunities for Indian farmers, MSMEs, and businesses, as highlighted by Goyal in a social media post on May 1.
