Oct 19 2011 |
more articles from
|
HSBC hosts HSBC trade connections: UAE and India forum
India is currently ranked as one of the UAE's top 10 fastest growing trade corridors alongside Canada, Brazil and Hong Kong, according to the HSBC Trade Forecast released last week. It is expected to be the UAE's largest trading partner by 2025, with trade values estimated at $103.6billion. Re-enforcing the importance of trade relations between the two countries, HSBC today hosted a day long forum on trade connections and business potential arising from bilateral relations between UAE and India.Commenting on the event, Abdulfattah Sharaf, Chief Executive Officer, HSBC Bank Middle East Limited, UAE, said: "India is amongst the fastest growing market trade corridors. By 2050, it is forecast to become the world's third largest economy. Hearing some of the great success stories, as well the panel discussions, today's event has brought to life the impact and importance of that relationship between our two countries."
Sanjay Verma, The Consul General of India, said: "This is an extraordinary event on India-UAE trade as it brings together very significant stake holders, including a leading Bank in the world, i.e. HSBC , a leading publication, Arabian Business, key-Indian professionals and leading entrepreneurs from the Indian community. I look forward to this Conference adding to this mutually beneficial trade partnership between India and the UAE."
Abdulfattah Sharaf added: "Trade has always been at the heart of what we do. It plays a central role in our global strategy. Through our unique global expertise and local knowledge, we believe we are best positioned to help companies leverage trade growth between emerging markets led by intra-Asia and South to South flows. India is a key partner in the trade that we facilitate. We strongly value and support our relationship, and the UAE's relationship with such a fast growing economy".
-Ends-
Charles Clarke
Senior Manager,
Corporate Communications
Corporate, Global Banking and Markets and HSBC Amanah
HSBC Bank Middle East Limited
Tel: 971 4423 5640
Email: charleswclarke@hsbc.com
Saadia McGlinchey
Manager,
Corporate Communications
Commercial Banking
HSBC Bank Middle East Limited
Tel: 971 4 423 5237
Email: saadiamcglinchey@hsbc.com
© Press Release 2011
Zawya Comment Policy
-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Copyright © 2012 Zawya Ltd. All rights reserved. |
provided by www.zawya.com |
Post Your Comment