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UAE-India CEPA council to foster collaboration with business community in Bihar
Photo Courtesy: Wallpaper Cave

UAE-India CEPA council to foster collaboration with business community in Bihar

| @indiablooms | 25 May 2024, 06:30 pm

The  UAE-India CEPA Council collaborated with the   Bihar Industries Association (BIA) on Wednesday when the discussion was held on opportunities for Bihar-based enterprises.

Discussions were held for opportunities in agriculture and food processing sectors.

The event was moderated by Krishna Prakashsingh Keshri, President of the BIA and Director of Amrapali Foods, whereas, Ahmed Aljneibi, Director of the UICC, participated at the event was a keynote speaker, providing participants with an overview of the vast export opportunities available to businesses in Bihar, the UAE-India CEPA council said in an official release as quoted ANI.

The collaboration will not only leverage the benefits of CEPA but also throw light on UAE’s position as a “global trading hub” for key agricultural commodities, the news agency reported.

Participating in the roundtable,  Aljneibi highlighted the rapid growth in agricultural exports from India to the UAE over recent years.

In 2021-22, India’s total export of agricultural and allied commodities to the UAE was USD 2.62 billion, an increase of 35 per cent over the previous fiscal year.

“Sustainable agriculture and food security are priorities under the UAE-India CEPA, driving initiatives for agricultural innovation and cooperation. The increase in both agricultural exports and investments have been critical to the UAE’s emergence as India’s second-largest export destination, third-largest trading partner, and fourth-largest investor,” he said, according to the release.

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