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This places India as the second-largest country in terms of HNWI outflow globally, following China (net loss of 13,500).
There are a total 8,437 Indian prisoners in foreign prisons, including under trials. The United Arab Emirates (UAE) has the maximum with 1,966 Indian prisoners
"Such trade facilitation can also help in enhancing our exports; logistics cost will also come down," the official said
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Indian Ambassador to UAE Sunjay Sudhir visited the BrahMos Aerospace stall at the IDEX defence exhibition there. The Indian envoy was briefed on the different projects
Prime Minister Narendra Modi on Sunday said the Comprehensive Economic Partnership Agreement (CEPA) with the UAE has given a boost to Indian entrepreneurs and also deepened ties with the Gulf country. India and the United Arab Emirates (UAE) inked a CEPA on February 18 last year to boost trade ties following a virtual summit between Prime Minister Modi and Crown Prince of Abu Dhabi Sheikh Mohammed bin Zayed Al Nahyan. Tagging a tweet by Commerce and Industries Minister Piyush Goyal in which he shared an article jointly written by UAE Minister of State for Foreign Trade Thani bin Ahmed Al Zeyoudi and him on one year of CEPA, Modi said the CEPA with the UAE has given a boost to Indian entrepreneurs and has also deepened our ties with UAE. The trade pact was signed last year by Commerce Minister Goyal and Economy Minister of the UAE Abdulla bin Touq Al Marri.
India exported goods worth $285.9 billion during the June-January period, up 3.1%
A special business event was organised on Friday to celebrate the completion of one year of the signing of the India-UAE Comprehensive Economic Partnership Agreement (CEPA) in Abu Dhabi.Marking a successful year of CEPA signing, a Special Business Event was organised by the Federation of Indian Chambers of Commerce & Industry (FICCI) in association with the Embassy of India, Abu Dhabi, Consulate General of India, Dubai and Dubai Chambers on 17th February 2023 at Dubai, read the press release of the Indian Embassy in Abu Dhabi, UAE.The event was participated in by more than 200 leading businesses from India and the UAE, added the release.India and UAE on February 18th, 2022 signed a historical Comprehensive Economic Partnership Agreement (CEPA).The CEPA was signed during the virtual summit in the presence of Prime Minister Narendra Modi and the President of UAE, Sheikh Mohamed bin Zayed Al Nahyan,Addressing the gathering at the special business event, Dr Thani Al Zeyoudi, UAE ...
President-designate for COP28 UAE Sultan Al Jaber on Tuesday made the case for a pro-growth, pro-climate agenda to support an inclusive energy transition that leaves no one behind.
India, France and the United Arab Emirates on Saturday unveiled an ambitious roadmap for cooperation in a plethora of areas including defence, energy and technology under a trilateral framework, a move that comes amid the geopolitical turmoil triggered by the conflict in Ukraine. The plan was finalised during a phone conversation among External Affairs Minister S Jaishankar, his French counterpart Catherine Colonna and UAE's Sheikh Abdullah bin Zayed Al Nahyan. A joint statement said it was acknowledged that defence is an area of close cooperation between the three countries. "Therefore, efforts will be undertaken to further promote compatibility, and joint development and co-production, whilst seeking out avenues for further collaboration and training between the three countries' defence forces," it said. India, France and the UAE also agreed to boost cooperation in food security and circular economy and vowed to focus on key issues such as single-use plastic pollution and ...
Thani Al-Zeyoudi, the UAE's minister of state for foreign trade said other countries, including China, had also raised the issue of settling non-oil trade payments in local currencies
The UAE's trade deal with India aims to increase bilateral non-oil trade to $100 billion in the next five years
The event, which is to be held on January 24, is being held in cooperation with Dubai Chamber and will be addressed by Piyush Goyal, Minister of Commerce & Industry
The minister said other countries, including China, had also raised the issue of settling non-oil trade payments in local currencies
India and the UAE which have inked a landmark trade deal have seen a "veritable transformation" in their ties which are now beginning to have a broader ripple impact, External Affairs Minister S Jaishankar said on Monday, emphasising that they want to use this relationship to shape the changing world. A defining decision of this transformation is the signing of the bilateral trade pact which led to such effective results and speaks volumes for the bilateral relationship, he said. "The fact that we were able to conclude the comprehensive economic cooperation agreement so quickly and has led to such effective results thereafter, speaks really volumes for the relationship. We're now moving into new areas," he said while delivering the keynote address at India Global Forum and panel discussion India-UAE: Partners for Global Impact. India and the UAE signed UAE-India Comprehensive Economic Partnership Agreement (CEPA) in February this year. "Today, our discussions are about space, ...
External Affairs Minister S. Jaishankar will inaugurate the India Global Forum UAE 2022 that gets underway here on Monday. It is a gala five-day event that will bring together leading political, business and cultural personalities from India, the UAE and across the world. This is the first major international event following India's ascendency to the G20 Presidency, and will be held in Dubai and Abu Dhabi from December 12 to 16. India formally assumed the G20 Presidency on December 1. Covering the breadth of bilateral relations between India and the UAE, climate finance, technology, and investments, the five-day event will also be an opportunity to discuss India's global aspirations and its presidency of the G20 amid challenging geopolitical scenarios. The forum will also present opportunities for businesses and entrepreneurs of both countries to work together for regional and global impact. It's more important than ever that nations, businesses, and influencers seek common groun
The free trade agreement between India and the UAE is giving duty free access to the garment sector and it will help increase share of domestic exports in that country, AEPC said in Tuesday. The Apparel Export Promotion Council (AEPC) said that over 20 domestic exporters are participating in the International Apparel and Textile Fair (IATF) in Dubai to showcase their products. Chairman Fair and Exhibitions AEPC Ashok Rajani said India is the second largest supplier of ready-made garments to the UAE after China. "The UAE has traditionally been the topmost trading partner for Indian garment exports. With signing of the UAE-India CEPA agreement giving duty free access to Indian garment exports, this share is expected to increase further," he said. CEPA stands for the Comprehensive Economic Partnership Agreement. Talking about the exhibition, he said exporters are aiming to showcase the best of India's apparel designs and styles in line with the latest fashion trends in a wide range o
The price of the Indian basket of crude oil has hit a 10-month low of $88.6 a barrel in November, government data showed
The clause was added to the agreement to encourage other countries to join the pact, making it a regional agreement, the sources said
Negotiations between India-GCC FTA expected in Jan-March quarter