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Mohammed Thani Murshid Al Rumaithi, Chairman of the Federation of UAE Chambers of Commerce and Industry and Chairman of the Board of Directors of the Abu Dhabi Chamber of Commerce and Industry, and Navdeep Singh Suri, Ambassador of India to the UAE during the meeting. (Photo: WAM)

Mohammed Thani Murshid Al Rumaithi, Chairman of the Federation of UAE Chambers 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 … reports Asian Lite News.

(Photo: WAM)

Mohammed Thani Murshid Al Rumaithi, Chairman of the Federation of UAE Chambers of Commerce and Industry and Chairman of the Board of Directors 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 centres, 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 centre 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.

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.

The meeting was also attended by Mohammed Hilal Al Muhairi, Director-General of the Abu Dhabi Chamber, and Dinesh Kumar, First Secretary at the Indian Embassy.

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