Dubai, UAE – Dubai Chambers discussed with the Confederation of Indian Industries prospects for expanding cooperation mechanisms to enhance intra-trade and investment activity.
During the meeting, it was agreed to develop a joint action plan to expand business partnerships in a range of vital priority sectors.
Discussing future executive mechanisms
The meeting discussed the general frameworks and upcoming implementation mechanisms for the action plan aimed at enhancing trade and investment between the two sides.
This was in the presence of His Excellency Mohammed Ali Rashid Lootah, Director General of Dubai Chambers, and Chandra Jit Banerjee, Director General and CEO of the Federation of Indian Industries.
Stimulating intra-trade
Cooperation between Dubai Chambers and the Confederation of Indian Industries focuses on stimulating intra-trade and investment.
In addition to focusing on future sectors, including the digital economy, especially financial technology “Fintec”, medical technology “Med Tech”, health technology “Health Tech”, and agricultural technology “Agritic”.
As well as the education sector, agriculture and food products.
In April last year, Dubai Chambers concluded a memorandum of understanding with the Confederation of Indian Industries.
This aims to strengthen bilateral trade and investment relations between Dubai and India and drive joint economic growth.
The memorandum constituted a framework for raising the level of cooperation in several key areas.
Dubai Chambers supports Indian companies in establishing their businesses and expanding their presence in the emirate, by providing strategic services that accelerate investment mechanisms.
