The UAE India Business Council – UAE Chapter (UIBC-UC) has announced new research initiatives aimed at fostering economic growth and informed decision-making in UAE-India trade relations. The announcement coincided with the Council’s second anniversary and the third anniversary of the landmark India-UAE Comprehensive Economic Partnership Agreement (CEPA).
The research focuses on strengthening the trade corridor between the two nations. It also highlights the importance of human capital in shaping economic progress.
Key Research Areas
The Council unveiled several reports to support businesses and investors, including:
- ‘India-UAE Odyssey: Focus on CEPA’ – A study analyzing how CEPA has influenced trade and investment between both countries.
- ‘Renewable Energy Sector-Investment Roadmap in India’ – A guide detailing investment opportunities in India’s fast-growing renewable energy industry.
- A Business Handbook for the UAE – A practical guide to help investors navigate the UAE’s business landscape.
These reports aim to provide valuable insights for companies looking to expand in the UAE and India.
Strengthening Economic Partnerships
The event took place at the residence of Satish Kumar Sivan, Consul General of India to Dubai and the Northern Emirates. It brought together key industry leaders from both countries. Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, attended as the Chief Guest.
UIBC-UC, backed by the foreign ministries of both nations, has played a vital role in strengthening economic ties. The Council consists of 18 influential members and has led several major projects, such as:
- Emaar’s foreign direct investment (FDI) in Jammu and Kashmir.
- DP World’s Bharat Mart partnership.
- A joint India-UAE hospital project.
These collaborations have opened new opportunities for trade and investment.
Shaping Future Trade Strategies
The new research initiatives will guide strategic decision-making and economic development. Businesses can use these insights to explore emerging trade opportunities and expand their market presence.
As UAE-India trade continues to grow, these studies will help shape future policies and investments, ensuring long-term economic success for both nations.stained economic progress for both countries.
