Grateful for PM Modi, Sheikh Zayed for driving relationship, says UAE Ambassador
Strengthening India-UAE Economic Ties
Introduction
The UAE Ambassador to India, Abdulnasser Alshaali, has emphasized the growing economic relationship between India and the UAE. He highlighted the UAE-India CEPA Council's role in boosting trade and entrepreneurship between the two nations.
UAE-India CEPA Council
The UAE-India CEPA Council (UICC) was launched during the Vibrant Gujarat Summit on January 10, 2024. This joint initiative by the UAE and Indian governments aims to maximize the benefits of the UAE-India Comprehensive Economic Partnership Agreement, effective since May 1, 2022.
Focus on Entrepreneurs
Ambassador Alshaali stressed the importance of engaging with entrepreneurs, particularly women. He noted that in the UAE, 23,000 women manage USD 30 billion, and similar achievements are seen in India. He praised Indian women for their successful business ventures and emphasized their role in enhancing bilateral trade.
India-UAE Relationship
Ambassador Alshaali described the India-UAE relationship as historic and ancient, with strong cultural and business ties. He acknowledged the efforts of leaders like PM Narendra Modi and Mohammed bin Zayed Al Nahyan in furthering this relationship.
Conclusion
The Ambassador concluded by expressing gratitude for the leadership driving the India-UAE relationship forward, ensuring continued growth and collaboration.
Doubts Revealed
UAE
UAE stands for the United Arab Emirates, which is a country in the Middle East. It is known for its modern cities like Dubai and Abu Dhabi.
Ambassador
An ambassador is a person who represents their country in another country. They work to maintain good relationships between the two countries.
Abdulnasser Alshaali
Abdulnasser Alshaali is the ambassador from the UAE to India. He works to strengthen the relationship between the UAE and India.
Economic Ties
Economic ties refer to the financial and trade relationships between two countries. It includes things like buying and selling goods and services.
CEPA Council
CEPA stands for Comprehensive Economic Partnership Agreement. The CEPA Council is a group that works to improve trade and business between India and the UAE.
Entrepreneurs
Entrepreneurs are people who start and run their own businesses. They come up with new ideas and create jobs for others.
Bilateral Ties
Bilateral ties are the relationships between two countries. It includes cooperation in areas like trade, culture, and politics.
PM Modi
PM Modi refers to Narendra Modi, who is the Prime Minister of India. He is a leader who works to improve India's relationships with other countries.
Mohammed bin Zayed Al Nahyan
Mohammed bin Zayed Al Nahyan is a leader in the UAE. He works to strengthen the UAE's relationships with other countries, including India.
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