UAE, Mauritius sign MoU to boost energy cooperation

-

 

The UAE-India Comprehensive Economic Partnership Agreement (CEPA) Council has signed a memorandum of understanding with the Indian Chamber of Commerce to strengthen economic cooperation between the two countries. The agreement aims to foster a collaborative partnership focused on promoting bilateral trade and investment opportunities. Both organizations will work to increase awareness in the UAE and India about the potential benefits of the bilateral economic relationship and the CEPA. 


Under the MoU, the UAE-India CEPA Council and Indian Chamber of Commerce will engage in information sharing and dialogue. They will explore opportunities to host joint events and facilitate interactions between their members. The goal is to provide platforms for businesses in the UAE and India to network and identify potential areas for partnership. The organizations will also undertake initiatives to promote each other's roles and further expand tangible cooperation.


Since its establishment in early 2024, the UAE-India CEPA Council has played a key role in significantly boosting economic, investment and trade ties. Bilateral trade has surged nearly 16% in the past year alone. sectors like gems and jewelry, pharmaceuticals, and food have seen especially strong growth under the CEPA. The MoU is expected to help unlock even greater bilateral opportunities by combining the strengths of both organizations through strategic collaboration.

Comments

Post a Comment

Popular posts from this blog

14 incredible places in the UAE you need to visit at least once

-
Image
  United Arab Emirates is one of the most beautiful country to visit. Anyone who came here to visit once they always want to come here again, because here are so many places to visit and make your days memorable, but there are so many people doesn’t even know about it. Here are these places of UAE 🇦🇪 people must visit once in life. Snoopy Island, Fujairah : Snoopy Island is a marine paradise offering some of the best snorkeling in the GCC. Turtles, fish every colour of the rainbow, and even little white-tip reef sharks have made this sparkling cerulean sea their home. Aquaventure Waterpark, Atlantis The Palm Aquaventure is a Dubai day out worth braving the summer heat for. Across three super-sized towers there’s more than 100 rides to discover, whether you’re just looking to chill out on the rapids, or face your fears on The Leap Of Faith. Jebel  Ras al Khaimah Jebel Jais  is the highest mountain peak in the region and is home to a number of fun adventurous activities. ...
Read more

UAE, Pakistani FMs discuss cooperation, strategic partnership

-
Image
  His Majesty Sultan Haitham bin Tariq of Oman's state visit to the UAE signifies a pivotal moment in the longstanding bilateral ties between the two nations, ushering in a new chapter of cooperation and mutual understanding. Today, amidst the grandeur of Abu Dhabi's Sheikh Zayed Grand Mosque, Sultan Haitham was graciously welcomed by Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, exemplifying the spirit of hospitality and friendship that characterizes relations between Oman and the UAE. Against the backdrop of this architectural marvel, Sultan Haitham offered prayers for the continued progress and prosperity of both countries and their people, reflecting the shared aspirations for peace, stability, and development in the region. His visit serves as a testament to the deep-rooted historical, cultural, and strategic bonds between Oman and the UAE, reaffirming their commitment to enhancing cooperation across various sectors. As Sultan Haitham engages ...
Read more

Pakistan's President Expresses Gratitude to Allies Amid Economic Challenges

-
Image
In a recent address to a joint session of Pakistan's parliament, President Asif Ali Zardari expressed profound gratitude towards Saudi Arabia, the United Arab Emirates (UAE), and Turkiye for their unwavering support during Pakistan's economic hardships. He emphasized the nation's commitment to strengthening historical, cultural, and economic ties with these nations. The president highlighted that debt rollovers from allies like Saudi Arabia, the UAE, and China have been pivotal in securing financial assistance from the International Monetary Fund (IMF). These commitments facilitated the approval of a $7 billion IMF program last year, currently undergoing its first review. Additionally, Saudi Arabia and the UAE have extended support through loans and deferred oil payments, providing crucial relief to Pakistan's economy. Addressing domestic issues, President Zardari acknowledged the recent surge in militancy, particularly in the Balochistan and Khyber Pakhtunkhwa province...
Read more