UAE-India Business Council signs 3 pacts to deepen bilateral trade

The UAE-India Business Council (UIBC) recently signed three strategic agreements to deepen industry engagements and enhance trade and investment between both the countries.

The first agreement with the UAE-India CEPA Council (UICC) commits to closer institutional collaboration, ensuring greater coherence in advancing objectives of the CEPA and deepening the bilateral economic partnership.

The UAE-India Business Council has signed three strategic pacts to deepen industry engagements and boost bilateral trade and investment.
The first MoU with the UAE-India CEPA Council commits to closer institutional collaboration.
The second, with the Services Export Promotion Council, deepens cooperation across priority services sectors.
The third one is with several regional trade chambers in India.

The second, with the Services Export Promotion Council (SEPC), deepens cooperation across priority services sectors, including logistics, healthcare, education, tourism and engineering, while promoting business-to-business and business-to-government engagements and addressing market access challenges, as per media reports.

The third, with the Bombay Industries Association, the Calicut Chamber of Commerce & Industry and the Gujarat Chamber of Commerce & Industry, will harness regional strengths to institutionalise CEPA facilitation at the grassroots, expand industry participation and strengthen state-level trade and investment linkages.

Fibre2Fashion News Desk (DS)