J&K Finance Min leaves for UAE to attend business conclave

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Press Trust of India Jammu
Last Updated : Nov 15 2015 | 5:48 PM IST
Jammu and Kashmir Finance Minister Haseeb Drabu today left for United Arab Emirates (UAE) to attend the maiden conclave of the Arab India Economic Forum (AIEF) to be held in Dubai from November 16-17.
Nearly 300 delegates from the Arab World and India will attend the first AIEF to highlight investment opportunities in India and discuss solutions to meet investor challenges in the country.
The focus of the summit will be investment in critical sectors like infrastructure, tourism, renewable energy and banking, an official spokesman said.
A special session at the two-day conclave is being held with focus on investment opportunities in Jammu and Kashmir, he said.
The two day event is expected to attract delegates, mainly business leaders from UAE, Saudi Arabia, Qatar, Kuwait, Bahrain, Oman, Jordan, Egypt and India.
While the AIEF conclave will be launched by Union Finance Minister, Arun Jaitley, J&K Finance Minister, Haseeb Drabu has been invited to deliver the keynote address.
"According to Drabu, AIEF will feature discussions on the extensive economic opportunities that can be leveraged between Arab nations and India for investment opportunities", the spokesman said.
He said that the J&K finance minister would explore the possibility of seeking some investment in J&K at the Forum.
The forum will also address the policy framework and guidelines required to draw the attention of Arab investors and industrialists while providing a strong platform for Indian businesses aiming to explore the Middle East market.
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First Published: Nov 15 2015 | 5:48 PM IST

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