ABU DHABI CHAMBER OF COMMERCE:Abu Dhabi Chamber discusses economic cooperation with India

Abu Dhabi Chamber of Commerce issued the following announcement on May 2.

His Excellency Mohammed Thani Murshid Al Rumaithi, Chairman of the Federation of UAE Chambers of Commerce and Industry and Chairman of the Abu Dhabi Chamber of Commerce and Industry, and Navdeep Singh Suri, Ambassador of India to the UAE, have discussed promoting economic and investment cooperation among private sector institutions in the UAE and India.

During the meeting, Al Rumaithi stated that India is a key trading partner of both the UAE and Abu Dhabi while calling for the adoption of legislation to identify procedures related to the trade exchange between both countries.

He added that Abu Dhabi’s economic approach is based on a range of foundations, including private sector partnerships, developing economic zones, establishing new cities and centers, promoting tourism and facilitating trade through a competitive business environment while adding that these foundations have made Abu Dhabi a business destination that attracts investment.

He also pointed out that Abu Dhabi is witnessing significant growth in various economic sectors while stressing that the emirate has an excellent reputation as a regional business center and highlighting the solid ties between the UAE and India, which are a solid platform for developing economic partnerships and promoting cooperation in various sectors.

For his part, Ambassador Suri called on Emirati companies and businessmen to promote their investments and increase their presence in Indian markets, especially in the infrastructure sector.

He also pointed out that the coming period will witness numerous visits by Indian trade and economic delegations to the UAE, to discuss available opportunities and enlarge the scope of their cooperation with Emirati companies in new sectors, which will serve the economies of both countries.

Mohamed Helal Al Muhairi, Director-General of the Abu Dhabi Chamber, and Dinesh Kumar, First Secretary at the Indian Embassy, attended the meeting as well.

Original source: http://www.abudhabichamber.ae/English/MediaCenter/Pages/News-Details.aspx?NewsId=31249

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Abu Dhabi Chamber of Commerce

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