UAE-India conclave is the next big event in the business and diplomatic calendar

Numerous multi-billion, high-profile investment projects are believed to be currently being prepped up to be unveiled at the UAE-India conclave, a mega bilateral event to be hosted by the UAE India Business Council – UAE Chapter (UIBC-UC).

The proposed India Middle East Corridor project is expected to get a major boost during the conclave slated to be held early next year in Dubai, besides the multi-million-dollar India Hospital and Bharat Mart projects, as per media reports.

Overall, the eagerly anticipated UAE-India conclave is poised to be a catalyst for innovation, collaboration and strategic development. It is set to see participation from government functionaries and industrial leaders from both countries.

Facilitating collaborations and business-friendly environments

The upcoming conclave in 2025 is also expected to focus on the historical, current and future aspects of the UAE-India bilateral relationship. It is part of a series of initiatives planned by UIBC-UC, comprising 19 top Indian and Emirati organisations as founding members.

The Council is also getting ready to coordinate numerous high-level and closed-door visits involving the UAE and Indian government officials and industry leaders over the next three to six months in the run-up to the mega event.

“By facilitating collaborations and creating business-friendly environments, we aim to significantly boost economic ties, create jobs and spur innovation in both countries,” Faizal Kottikollon, Chairman of UIBC-UC, told Arabian Business.

UAE-India Cepa in the limelight

The UAE and India recently signed a Comprehensive Economic Partnership Agreement. The deal entered into force on May 1, 2022. Businesses in both countries can take advantage of numerous benefits because of the high-profile agreement, including

1. Greater access for UAE exports entering the Indian market

2. Reduction or removal of tariffs

3. Open and non-discriminatory environment

4. Enhanced market access

5. Removal of unnecessary technical barriers

6. Use of international standards as a basis for technical regulations

7. Joint committee to assess, revise and propose amendments to the Cepa

Read More: Explore the state of UAE-India bilateral relations under Narendra Modi