Posted On 2/12/2017
Abu Dhabi Chamber discusses increasing industrial cooperation between companies in Abu Dhabi and India
His Excellency Mohammed Thani Murshid Al-Rumaithi, Chairman of the Federation of the UAE Chambers of Commerce and Industry and Chairman of the Abu Dhabi Chamber of Commerce and Industry, received His Excellency Navdeep Singh Suri, Indian Ambassador to the UAE, at the Chamber’s Tower in Abu Dhabi. Both sides discussed expanding economic and investment cooperation between the two countries and benefiting from the agreements that were signed during the historic visit of His Highness Sheikh Mohammed Bin Zayed Al Nahyen, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, to India which contributed to opening new doors for cooperation between the two friendly countries.
Al-Rumaithi emphasized on the importance of developing cooperation relations with Indian industrial companies and developing their strategic partnerships with Emirati industrial ones. He noted that India is one of the most important trade partners for the UAE in general and for Abu Dhabi in particular, calling on Indian industrial companies to hold joint industrial projects with Emirati companies operating in Abu Dhabi.
Al-Rumaithi added that a large number of national companies have huge investments in India, especially in the energy, services, programming, jewelry, construction, property development, shipping, marine operations, ports, hotels, restaurants, telecommunications, IT, oil and gas exploration sectors.
For his part, His Excellency Navdeep Singh Suri, Indian Ambassador to the UAE, called on Emirati companies and businessmen to increase their investments and presence in the Indian markets, especially in the infrastructure which provide huge and diverse opportunities for Emirati investors.
He added that in the near future, a number of economic and trade delegations will visit Abu Dhabi and the UAE to discuss the available opportunities and expanding their cooperation with Emirati companies in new sectors that would serve the economy of the UAE and India.