Piyush Goyal holds talks with UAE Economy Minister to deepen trade, investment and tourism ties

Indian Union Commerce and Industry Minister Piyush Goyal held discussions with United Arab Emirates (UAE) Minister of Economy and Tourism Abdulla bin Touq Al Marri and his delegation in New Delhi. The meeting aimed to further bolster bilateral cooperation across key sectors including trade, investment, tourism, and connectivity.

Minister Goyal shared details of the productive meeting on social media platform X, stating that both sides explored avenues to deepen the India-UAE partnership. They reaffirmed their commitment to creating new opportunities for businesses and strengthening economic ties. "We discussed avenues to further strengthen the India-UAE partnership across trade, investment, tourism and connectivity, while reaffirming our shared commitment to unlocking new opportunities for businesses, enhancing people-to-people ties and advancing our strategic economic partnership," Goyal stated.

The meeting occurs as India and the UAE continue to expand their economic relationship, with bilateral trade, investment flows, and business-to-business engagement serving as crucial pillars. The UAE is recognized as one of India's significant trading and investment partners in the Gulf region. Their cooperation has broadened beyond traditional trade to encompass logistics, infrastructure, technology, financial services, energy, manufacturing, and tourism.

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Had a productive meeting with Mr. Abdulla bin Touq Al Marri, Minister of Economy and Tourism of the United Arab Emirates, along with the accompanying delegation.

Both nations are actively working to improve connectivity and facilitate the movement of people, goods, and capital. Enhanced collaboration in tourism is anticipated to strengthen people-to-people connections and support the services sector. Goyal's meeting with Al Marri is particularly significant as both countries seek to build on the momentum of their strategic economic partnership and identify new areas for private sector collaboration.

The discussions are expected to support efforts in facilitating business opportunities, encouraging investment, and deepening cooperation in areas that can contribute to economic growth in both countries. The meeting also underscored a shared focus on expanding the partnership beyond existing areas and unlocking new avenues for businesses, thereby strengthening the overall strategic relationship between India and the UAE.

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We discussed avenues to further strengthen the India-UAE partnership across trade, investment, tourism and connectivity, while reaffirming our shared commitment to unlocking new opportunities for businesses, enhancing people-to-people ties and advancing our strategic economic partnership.