His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai has expressed the UAE’s keenness to expand economic and investment cooperation with India.
The UAE would like to further strengthen the strategic partnership between the two countries, a WAM report said. India is the UAE’s second largest trading partner in the world while the UAE is India's third largest trading partner and the largest in the Arab world, HH Sheikh Mohammed said while meeting Pinarayi Vijayan, Chief Minister of the Indian state of Kerala, at Expo 2020 Dubai.
HH Sheikh Mohammed further said that the UAE’s ability to provide a conducive environment for foreign investment, a supportive legislative framework that protects these investments and a productive base for international companies to establish their headquarters creates a wide range of opportunities for enhancing the partnership between the two countries.
Noting that India’s participation in Expo 2020 Dubai has enriched the event, he said the organisation of ‘Kerala Week’ within the Indian Pavilion will showcase the state’s economic and investment potential.
The country’s participation in Expo 2020 Dubai gives an opportunity for the two countries to explore new partnerships that can help build on the strong historical ties between India and the UAE.
The meeting was attended by Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance.
Welcoming the Kerala Chief Minister, HH Sheikh Mohammed praised the contributions of the Indian expatriate community to the UAE’s development and highlighted the growing investments the two countries are making in each other’s economies, especially in renewable energy, logistics services, air transport and food security.
The Kerala Chief Minister expressed his pride in the strong relationship the people of the state have with the UAE.
He conveyed his deep appreciation to the UAE government for ensuring the welfare of the Indian expatriate community. Expatriates from Kerala account for a large percentage of the Indian community in the UAE.
Pinarayi Vijayan noted that the two countries have significantly enhanced their ties in recent years as evidenced by the growing bilateral trade.
He expressed the hope that the two sides will continue to advance their cooperation in various sectors and wished the UAE leadership and people continued progress and prosperity in the years to come.
The meeting was also attended by Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority Chairman of Dubai Airports and Chairman and Chief Executive of Emirates Airline and Group; Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum; and a number of ministers and officials from both sides.
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