UAE-India Business Forum To Kick Off Tomorrow In Mumbai

The India-UAE Business Forum is set to begin tomorrow in Mumbai and explore mutually beneficial trade, investment, and partnership opportunities. The event is organised by the UAE’s Ministry of Economy in collaboration with the UAE Embassy in New Delhi and India’s Ministry of Commerce and Industry.

According to the Emirates News Agency (WAM) report, the highly anticipated forum will gather business leaders, industrialists, entrepreneurs, and government officials as part of bilateral efforts to leverage the opportunities created by the Comprehensive Economic Partnership Agreement. The forum, under the theme “Beyond CEPA: Innovation and Future-Ready Economies," will focus on the potential of healthcare, biotechnology, sustainability, AI, agricultural technology, logistics and supply chains.

“The forum will build on the consistent rise in bilateral non-oil trade, which reached US$28.2 billion in the first six months of 2024 – a 9.8 percent increase on the same period in 2023 and set against a marked decline in trade growth around the world in H1 2024,” said Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, as quoted by WAM. The UAE-India Comprehensive Economic Partnership Agreement, which came into force in May 2022, was the first part of the UAE’s new foreign trade agenda to enhance ties with strategically important nations worldwide.