Commerce and business minister Piyush Goyal will meet UAE economic system minister Abdulla Bin Touq Al Marri on Wednesday right here (Delhi) and focus on 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.
“During the visit, the delegation would be meeting with Piyush Goyal, Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, on May 11 and May 13, 2022 in New Delhi and Mumbai respectively to discuss bilateral trade and investment relations,” the commerce ministry mentioned.
The go to gives 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 traders 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 ambitious path to achieve USD 5 trillion GDP by 2025 and UAE is considered as a valuable partner in India’s journey to realise this goal,” it mentioned Plenty of 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.
Source: www.financialexpress.com”