UAE & India explore ways to boost economic and tourism sectors

UAE & India explore ways to boost economic and tourism sectors

HE Abdulla bin Touq Al Marri, UAE Minister of Economy, has discussed frameworks for strengthening economic and trade cooperation with Mr. Piyush Goyal, Indian Minister of Commerce, Industry, Consumer Affairs, Food, Public Distribution and Textiles as well as Mr. G. Kishan Reddy, Minister of Tourism and Culture of India.

Mr. Al Marri said that the UAE-India relations have evolved into an exceptional model of bilateral cooperation and fruitful partnership aimed at promoting sustainable development, economic welfare, and the steady prosperity of their people.

Abdulla bin Touq Al Marri

UAE Minister of Economy “The UAE-India relations are growing at a rapid pace, as Abu Dhabi and New Delhi seek to further build on existing cooperation in light of the Comprehensive Economic Partnership between the two countries. We are working towards boosting the volume of non-oil trade exchange, which reached $51 billion (AED 189 billion) in 2022, up 15 percent from 2021. We are working closely with our partners in the Indian government to establish mechanisms that will increase the volume of mutual investments and diversify them into new sectors. Further, India was one of the major tourism source markets for the UAE in 2022. We welcomed nearly five million Indian visitors, while the number