SME Times is powered by   
Search News
Just in:   • 'Karnataka can attract 15 cr domestic tourists by 2019'  • Edible oil imports likely to continue despite higher oilseeds production  • Jaitley opens Monday trade at London Stock Exchange  • Ferro alloy producers seek protection from Malaysian imports  • London Stock Exchange merger under threat 
Last updated: 11 Jan, 2017  

Modi.9.Thmb.jpg India, UAE to increase trade by 60 pc in five years

s2017011096759.jpg
   Top Stories
» Edible oil imports likely to continue despite higher oilseeds production
» Jaitley opens Monday trade at London Stock Exchange
» SIDBI panel sanctions Rs 300 cr for start-ups
» India aspires to be a more open economy: FM
» Digital payments to help fight corruption: Modi
SME Times News Bureau | 11 Jan, 2017
Prime Minister Narendra Modi on Tuesday met UAE Minister Rashid Ahmad bin Fahad on sidelines of the Vibrant Gujarat summit and agreed that bilateral trade must be increased by 60 percent over the next five years, an official said.

Modi expressed satisfaction at the increasing trade and economic ties with the UAE, said External Affairs Ministry spokesperson Vikas Swarup, adding increase in bilateral investment was also a top priority for the government.

The Prime Minister identified railways, ports, airports and infrastructure sector as promising areas for UAE's investment, he said.

Modi also said that the ongoing discussions between the UAE's sovereign wealth fund ADIA (Abu Dhabi Investment Authority) and India's National Investment and Infrastructure Fund (NIIF) would yield early and fruitful results.

He also pointed out the tremendous possibilities in cruise tourism, linking Goa, Mumbai, Gujarat and Dubai. The UAE side concurred and said they would scale up partnership with India in all these areas.

The UAE Minister, who is leading a 50-member delegation, also conveyed the greetings of the Prime Minister of Dubai and the Crown Prince of Abu Dhabi.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
67.85
66.15
UK Pound
85.00
82.05
Euro
72.45
69.95
Japanese Yen 59.85 57.90
As on 28 Feb, 2017
  Daily Poll
Do you think proposed US visa rules will hurt Indian IT sector?
 Yes
 No
 Can't say
  Commented Stories
» H-1B visa: IT sector woes(17)
» Starting an import export business: Basic guide for beginners(9)
» BJP has violated human rights, lacks sense of history: Chidambaram(3)
» WTO's TFA will boost, facilitate Indian exports: FIEO(2)
» Govt. approves subsidy for 2,221 cold storages(2)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter