Fast-track mechanism on the cards to help Indian investors in UAE

The United Arab Emirates (UAE) has assured India it will provide necessary support to ensure speedy resolution of issues faced by Indian investors in the West Asian nation.

A high-level joint task force by both nations on investments has decided to set up ‘India Fast Track Mechanism’ in the UAE to help Indian businesses and investors, the department of commerce said on Tuesday.

The mechanism will also assist Indian companies to foray into the UAE market and expand. This was discussed at the 10th meeting of the UAE-India high-level joint task force on investments in Mumbai on Tuesday. The joint