India and the UAE are partners in prosperity
Hindustan TimesThis week was a historic moment for the United Arab Emirates and India. Moreover, the UAE and India signed a Comprehensive Strategic Partnership Agreement in January 2017 to set out an ambitious roadmap for political and economic cooperation. First, it will trigger increased investment flows, lower tariffs, and create enormous new opportunities for key sectors in both India and the UAE, including air transport, environment, investment, digital trade, and more. Third—and perhaps most incredibly—through this CEPA, the UAE and India aim to increase bilateral non-oil trade to over $100 billion within five years. In fact, the Indian diaspora makes up the largest expatriate community in the UAE; 225 weekly direct flights connect India and the UAE and ensure our peoples continue to engage in trade, study, and tourism.