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Sinha discusses opportunities for future trade ties with UAE

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Press Trust of India Dubai
India has told the UAE that it welcomes any feedback from it on the hurdles Emirati investors face in the country.

Minister of State for Finance Jayant Sinha assured this to UAE Minister of State for Financial Affairs Obaid Humaid Al Tayer during a meeting yesterday.

During the meeting, they discussed the political, trade and economic opportunities for future cooperation between the two countries.

Sinha said he welcomes any feedback on any hurdles that may face Emirati investment in India.

Tayer who welcomed the visiting delegation yesterday stressed the importance of the historical ties enjoyed by the UAE and India, especially with regard to investments.
 

The two sides stressed the importance of the historical ties between the UAE and India in the domain of investments in particular, according to an official statement.

The volume of trade between the two countries reached USD 75 billion for 2012-2013, the statement said.

"The UAE embraces a large number of Indian projects and companies, whereby Emirati investments entities work on consolidating their presence in the Indian market as it is considered as one of the most markets expanding globally," Tayer said in the statement.

The UAE is home to a large number of Indian projects and companies, whereby Emirati investments entities work on consolidating their presence in India, considered as one of the world's biggest expanding markets.

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First Published: Apr 14 2015 | 5:32 PM IST

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