Agreements span infrastructure, healthcare, education, and trade to deepen India-UAE economic cooperation
MUMBAI: India and the United Arab Emirates (UAE) have signed eight key Memoranda of Understanding (MoUs) aimed at expanding their partnership across vital sectors including infrastructure, healthcare, education, and trade. The signing ceremony took place in Mumbai on Wednesday during the visit of Dubai Crown Prince Sheikh Hamdan bin Mohammed, reported timesofindia.indiatimes.com.
The MoUs aim to enhance collaboration between Indian and UAE businesses, building on existing trade frameworks
The agreements were formalized in the presence of Sheikh Hamdan and India’s Commerce and Industry Minister, Piyush Goyal, during an event organized by Dubai Chambers. The new pacts are designed to strengthen commercial ties under the frameworks of the Comprehensive Economic Partnership Agreement (CEPA) and the Bilateral Investment Treaty between the two nations.
As part of the initiative, Dubai Chambers signed separate MoUs with leading Indian industry bodies such as the Confederation of Indian Industry (CII), the Federation of Indian Chambers of Commerce & Industry (FICCI), and the Indian Merchants’ Chamber (IMC). These collaborations are expected to boost private-sector participation, ease market access for Indian firms eyeing Gulf opportunities, and assist Dubai-based enterprises seeking investments and business ventures in India.
The agreements underscore the growing strategic and economic partnership between India and the UAE, reflecting a shared vision for future cooperation and global competitiveness.