What's new

Indian FM to pay three-day visit to UAE from Saturday

EjazR

SENIOR MEMBER
Joined
May 3, 2009
Messages
5,148
Reaction score
1
Krishna to pay three-day visit to UAE from Saturday | NetIndian

External Affairs Minister S.M. Krishna will pay a three-day visit to the United Arab Emirates (UAE) during which the two countries will sign some key agreements on avoidance of double taxation and consular issues.

During the visit, Krishna will preside, along with his counterpart Sheikh Abdullah bin Zayed Al Nahyan, over the 10th Session of the India-United Arab Emirates Joint Commission for Technical & Economic cooperation (JCM) in Abu Dhabi. The JCM is alternatively held in New Delhi and Abu Dhabi.

India’s bilateral trade with the UAE in 2010-2011 was estimated at $ 67 billion and is likely to increase further. India and UAE were each other’s largest trade partners in 2010-2011. UAE is a significant investor in India in terms of foreign direct investment (FDI). These investments are largely concentrated in the energy, services, programming, construction, tourism and hotels sectors. Several prominent private and public sector Indian companies and banks are operating in the UAE.

An official statement from the Ministry of External Affairs (MEA) said here today that relations between India and the UAE are deeply rooted in history and age-old economic, socio-cultural interactions and extensive people to people contacts.

Both countries have regular exchange of dialogue in the field of defence. There have been goodwill visits of Indian Navy ships to the UAE from time to time. In recent years, bilateral defence cooperation has been strengthened.

UAE is home to an Indian expatriate community of more than 1.75 million – the largest expatriate community in the UAE.

During his visit to the UAE the External Affairs Minister will also interact with Heads of Indian Missions in the region at a conference convened in Abu Dhabi, the release added.
 
.

Pakistan Affairs Latest Posts

Back
Top Bottom