UAE And India Launch The UAE Chapter Of The Business Council 

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UAE And India Launch The UAE Chapter Of The Business Council 
25 Feb 2023
6 min read

News Synopsis

The UAE India Business Council - UAE Chapter (UIBC-UC) was launched by the UAE and India to promote economic cooperation and further their common objective of strengthening bilateral trade and investment. On February 18, 2023, in Dubai, His Excellency Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, officially launched the UAE India Business Council - UAE Chapter (UIBC-UC).

The UIBC-UC is in a good position to help the two governments realize their goals and recognize the effectiveness of the UAE-India relationship. The two countries share the goal of increasing bilateral trade to $100 billion and attracting $75 billion in investment from the UAE to India. The council brings together significant partners and stakeholders from both nations, and it will offer insightful policy recommendations while promoting innovative partnerships between Indian and Emirati companies. By exploiting the deep relationships between the two nations, the council is ready to spur positive progress and provide new possibilities for all.

“The launch of the UAE Chapter of the UAE India Business Council marks a defining moment in the deepening of the relationship between the United Arab Emirates and India. The council will play a crucial role in supporting the two governments in their joint mission to boost bilateral trade and investment. I am confident that it will serve as a catalyst for innovative collaboration between our two great nations.” On this particular event ,  His Excellency Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, remarked.

“The launch today marks a significant milestone in the strengthening of the relationship between the United Arab Emirates and India. I extend my sincere congratulations to all the founding members of the UAE India Business Council and look forward to seeing the council’s initiatives drive greater prosperity for both nations.”  said ambassador Sunjay Sudhir, who was present at the launch. 

The UIBC India Chapter was launched in New Delhi in 2016 following the UIBC's launch by His Highness Sheikh Abdullah bin Zayed Al Nahyan, UAE Cabinet Member and Minister for Foreign Affairs and International Cooperation, and Smt. Sushma Swaraj, Hon'ble Minister of External Affairs of India, during the 11th Session of the India-UAE Joint Commission Meeting on September 3, 2015 in New Delhi. UIBC-UC will serve as the counterpart organisation for the India Chapter.
 

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