UAE-India CEPA council to foster collaboration with Bihar business community

  • Date: 25-May-2024
  • Source: Times of Oman
  • Sector:Industrial
  • Country:UAE
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UAE-India CEPA council to foster collaboration with Bihar business community

New Delhi/Patna: In collaboration with the Bihar Industries Association (BIA), the UAE-India CEPA Council held a business roundtable on Wednesday, where the discussions were held on opportunities for Bihar-based enterprises, especially in the agriculture and food processing sectors, leveraging the UAE-India Comprehensive Economic Partnership Agreement (CEPA).

The event was moderated by Krishna Prakashsingh Keshri, President of the BIA and Director of Amrapali Foods, whereas, Ahmed Aljneibi, Director of the UICC, participated at the event was a keynote speaker, providing participants with an overview of the vast export opportunities available to businesses in Bihar, the UAE-India CEPA council said in an official release.

The collaboration will not only leverage the benefits of CEPA but also throw light on UAE's position as a "global trading hub" for key agricultural commodities.

At the roundtable, Aljneibi highlighted the rapid growth in agricultural exports from India to the UAE over recent years.

In 2021-22, India's total export of agricultural and allied commodities to the UAE was USD 2.62 billion, an increase of 35 per cent over the previous fiscal year.

"Sustainable agriculture and food security are priorities under the UAE-India CEPA, driving initiatives for agricultural innovation and cooperation. The increase in both agricultural exports and investments have been critical to