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UAE appoints new trade attache for India

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Press Trust of India Dubai
Last Updated : Aug 12 2015 | 3:22 PM IST
The UAE has appointed a new trade attache for its Embassy in India to boost the stature of its trade office in the country, one of the Emirate's top trading partners.
Ahmad Sultan Al-Falahi's appointment is in line with the leadership's policy of supporting the UAE's trade offices overseas and is jointly coordinated by the Ministry of Economy and Ministry of Foreign Affairs, a statement released by the Ministry of Economy here said.
Announcing the appointment, Abdullah Al Saleh, Undersecretary for Foreign Trade and Industry, Ministry of Economy, said: "The new trade attache plays an integral part in the Ministry's efforts to boost the stature of its trade office in India.
"India is a strategic trading partner for the UAE and trade ties between the two countries are very important for both sides. We wish Al-Falahi all the best in his new role."
The new appointment comes days before Prime Minister Narendra Modi's visit to Dubai and Abu Dhabi.
Prior to his appointment as trade attache in the Ministry of Economy, Al-Falahi worked at JAFZA (Jebel Ali Free Zone) as Sales Director for Europe and the Americas. Earlier, he served as General Trade Director at Dry Docks World.

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He has also completed a successful tenure at Dubai Maritime City as Regional Sales Director for the MENA region. Al-Falahi is a member of the Dubai Leaders Programme since 2008.
He added: "India ranks first in terms of total trade volumes among the UAE's trading partners, with balance of trade reaching USD 28 billion in 2014, while the UAE investments in India have exceeded USD 8 billion."
Al-Saleh noted that the trade office offers support to the UAE businesses abroad through providing advice and consultation and acquainting them with local laws and legislations.
The office also offers information on resources, commodities and contacts in addition to processing queries and requests.
He added that the UAE trade offices have been launched as a strategic initiative by the Ministry of Economy for boosting the country's trade with international markets, developing strategic trade partnerships, accelerating the UAE's exports to foreign markets, and increasing FDI flows to the UAE.
The UAE trade offices prepare economic reports on different countries, and provide suggestions and proposals for improving trade and economic relations between the UAE and partner countries.
They also gather information and provide analysis relevant to issues that affect the UAE's economy and trade besides communicating with authorities concerned abroad.

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First Published: Aug 12 2015 | 3:22 PM IST

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