India UAE Dubai: Minister of Commerce & Industry Piyush Goyal Wednesday invited the business community from the United Arab Emirates (UAE) to come and capitalise on the business-friendly policies and the opportunities that India is offering to global businesses.
Stressing India and UAE's shared vision, Goyal said it has opened newer avenues, one of which is the commitment to establish an Indian Institute of Technology (IIT) in the United Arab Emirates.
“Our shared vision has opened newer avenues, one of which is the commitment to establish an Indian Institute of Technology (IIT) in the United Arab Emirates,” the Minister said at India’s Honour Day Celebrations at Expo2020 in Dubai.
“The special partnership that Prime Minister, Narendra Modi and H.H. Sheikh Mohammed bin Zayed Al Nahyan share is legendary. It’s a bond of eternal friendship symbolising trust and we are natural partners due to the complementary nature of our economies and increasing trade will always showcase the synergy that the two nations have, strengthening further, our bonds,” Goyal stated.
He said the word ‘trust’ describes India-UAE relationship. “Our ties will remain vibrant and grow from strength to strength,” said the Minister.
“I believe we are now at the cusp of growth and development in the years to come. India provides talent and investor-friendly policies. In most sectors, FDI is open 100%. We have several new initiatives to promote industry like the Production Linked Incentive scheme and the Make in India policy, our efforts to provide Ease-of-doing-Business, all of which will lead to ease of living for our people,” he added.
“To the global community, I say, 'Come experience India – the land of opportunities'. Let’s grow together, let’s change together, let’s transform together because together we can surmount any obstacles and achieve humongous goals and targets beyond anyone’s imagination,” said the Minister.
“With the cost and trust advantage that India offers, it is time to invest in India. As partners, we can secure each other’s economic future and strengthen our partnership in the post-COVID world,” said Goyal.
“With the cost and trust advantage that India offers, it is time to invest in India. As partners, we can secure each other’s economic future and strengthen our partnership in the post-COVID world,” he said.
The Comprehensive Economic Partnership Agreement (CEPA) is a win-win agreement for the good of the people of both the countries,” he added.
On the grand success of the Dubai Expo, the Goyal said that Expo2020 is the victory of courage over adversity.
“The Expo will go down in history as a memorable chapter where the two brothers came closer. It will conclude but the memories will remain. The India Pavilion is going to be a permanent structure; it is not going to be dismantled. It will stand as a testimony to our two countries working towards the collective good of the people,” added the minister.
The India Pavilion, one of the largest and most iconic pavilions at EXPO2020 Dubai, recorded more than 1.6 million footfalls since its inauguration on October 1st last year. The India Pavilion was inaugurated by Piyush Goyal.
Expo2020 Dubai is concluding on March 31st.
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