Page 3 - India-uae

India's imports from UAE jumps 109% to $6.12 billion in Nov, shows data

India's imports from its free trade agreement partner UAE have jumped 109.57 per cent year-on-year to USD 6.12 billion in November, leaving a trade deficit of over USD 3 billion during the said month, according to the commerce ministry data. India's exports to the UAE rose by 11.38 per cent to USD 3 billion in the last month. Cumulatively, the imports from the UAE during April-November rose by 60.84 per cent to USD 44.76 billion against USD 27.83 billion in the same period previous fiscal, while exports were up by 15.25 per cent year-on-year to USD 23.94 billion compared to USD 20.77 billion in April-November 2023-24. The FTA between India and the UAE came into effect in May 2022. The UAE is the third-largest trading partner of India with USD 83.65 billion bilateral trade in 2023-24. The major goods imported include mineral oil, chemicals, essential oils and perfumes, precious and semi-precious stones, iron and steel products, copper, nickel and aluminium goods. Further, as per t

India-UAE 'model' relationship to expand energy, trade ties: Jaishankar

India and the United Arab Emirates (UAE) on Friday discussed implementation of the ambitious India-Middle East-Europe Economic Corridor (IMEEC) and resolved to shore up energy cooperation including long-term supplies and collaboration in upstream and downstream projects. Ways to further deepen bilateral relations in areas of energy, connectivity and trade figured prominently at the 15th India-UAE Joint Commission Meeting (JCM) that was co-chaired by External Affairs Minister S Jaishankar and his UAE counterpart Sheikh Abdullah bin Zayed Al Nahyan. The meeting was held in New Delhi. In his televised opening remarks at the JCM, Jaishankar described the India-UAE comprehensive strategic partnership as a "model" relationship and that the economic and commercial ties are not only very strong but increasingly "diversified and deep". "Since the entry into force of the Comprehensive Economic Partnership Agreement (CEPA) in May 2022, trade has steadily grown and it has now reached a level o

India-UAE 'model' relationship to expand energy, trade ties: Jaishankar

India and the United Arab Emirates (UAE) on Friday discussed implementation of the ambitious India-Middle East-Europe Economic Corridor (IMEEC) and resolved to shore up energy cooperation including long-term supplies and collaboration in upstream and downstream projects. Ways to further deepen bilateral relations in areas of energy, connectivity and trade figured prominently at the 15th India-UAE Joint Commission Meeting (JCM) that was co-chaired by External Affairs Minister S Jaishankar and his UAE counterpart Sheikh Abdullah bin Zayed Al Nahyan. The meeting was held in New Delhi. In his televised opening remarks at the JCM, Jaishankar described the India-UAE comprehensive strategic partnership as a "model" relationship and that the economic and commercial ties are not only very strong but increasingly "diversified and deep". "Since the entry into force of the Comprehensive Economic Partnership Agreement (CEPA) in May 2022, trade has steadily grown and it has now reached a level o

EAM Jaishankar meets UAE counterpart at 4th India-UAE Strategic Dialogue

External Affairs Minister S Jaishankar on Thursday met his UAE counterpart Sheikh Abdullah bin Zayed Al Nahyan.Both leaders held the 4th India-UAE Strategic Dialogue in New Delhi.Earlier in the day, Prime Minister Narendra Modi welcomed Zayed Al Nahyan and expressed his optimism about the future of the India-UAE Comprehensive Strategic Partnership.Taking to X, PM Modi expressed his delight while receiving the Deputy PM and said that both nations were committed to working towards peace, stability, and security in West Asia and the wider region."Happy to receive Deputy PM & Foreign Minister of the UAE, HH AB Zayed. India-UAE Comprehensive Strategic Partnership is poised to achieve unprecedented heights. We are committed to working towards peace, stability, and security in West Asia and the wider region," PM Modi said.Zayed Al Nahyan arrived in New Delhi to take part in the 4th Strategic Dialogue and the 15th India-UAE Joint Commission Meeting.Welcoming the UAE leader, Ministry of .

EAM Jaishankar meets UAE counterpart at 4th India-UAE Strategic Dialogue

External Affairs Minister S Jaishankar on Thursday met his UAE counterpart Sheikh Abdullah bin Zayed Al Nahyan.Both leaders held the 4th India-UAE Strategic Dialogue in New Delhi.Earlier in the day, Prime Minister Narendra Modi welcomed Zayed Al Nahyan and expressed his optimism about the future of the India-UAE Comprehensive Strategic Partnership.Taking to X, PM Modi expressed his delight while receiving the Deputy PM and said that both nations were committed to working towards peace, stability, and security in West Asia and the wider region."Happy to receive Deputy PM & Foreign Minister of the UAE, HH AB Zayed. India-UAE Comprehensive Strategic Partnership is poised to achieve unprecedented heights. We are committed to working towards peace, stability, and security in West Asia and the wider region," PM Modi said.Zayed Al Nahyan arrived in New Delhi to take part in the 4th Strategic Dialogue and the 15th India-UAE Joint Commission Meeting.Welcoming the UAE leader, Ministry of .

PM Modi discusses India-Middle East-Europe corridor with UAE dy PM: MEA

The two leaders emphasized strengthening Comprehensive Strategic Partnership including in the areas of technology, energy, and people-to-people ties, as per MEA statement

EAM Jaishankar to meet UAE counterpart on Dec 12 for strategic dialogue

Jaishankar and Al Nahyan will review the entire gamut of bilateral strategic ties at a meeting of the India-UAE Strategic Dialogue on Thursday, officials said

EAM meets UAE counterpart, discusses opportunities to advance cooperation

External Affairs Minister S Jaishankar met with his UAE counterpart Abdullah bin Zayed Al Nahyan in Abu Dhabi on Thursday.In a post on X, EAM Jaishankar shared a picture with Abdullah and outlined the meeting as a "productive day with a great meeting."The EAM said that they discussed opportunities for advancing wide-ranging cooperation between both the countries."Completed a productive day with a great meeting with DPM & FM @ABZayed in Abu Dhabi. Discussed opportunities for advancing our wide-ranging cooperation. Also exchanged views on global developments," Jaishankar said in his post.Earlier in the day, Jaishankar visited the BAPS Hindu Mandir in Abu Dhabi.Jaishankar said that the temple was a sign of friendship between India and UAE.In a post on X, he said, "Received blessings at the BAPS Hindu Mandir in Abu Dhabi today. A true symbol of India-UAE friendship and of peace, harmony and goodwill around the world."Jaishankar also visited the Bharat Mart site in Dubai earlier in .

EAM meets UAE counterpart, discusses opportunities to advance cooperation

External Affairs Minister S Jaishankar met with his UAE counterpart Abdullah bin Zayed Al Nahyan in Abu Dhabi on Thursday.In a post on X, EAM Jaishankar shared a picture with Abdullah and outlined the meeting as a "productive day with a great meeting."The EAM said that they discussed opportunities for advancing wide-ranging cooperation between both the countries."Completed a productive day with a great meeting with DPM & FM @ABZayed in Abu Dhabi. Discussed opportunities for advancing our wide-ranging cooperation. Also exchanged views on global developments," Jaishankar said in his post.Earlier in the day, Jaishankar visited the BAPS Hindu Mandir in Abu Dhabi.Jaishankar said that the temple was a sign of friendship between India and UAE.In a post on X, he said, "Received blessings at the BAPS Hindu Mandir in Abu Dhabi today. A true symbol of India-UAE friendship and of peace, harmony and goodwill around the world."Jaishankar also visited the Bharat Mart site in Dubai earlier in .

Bilateral relations between India and UAE at new heights: EAM Jaishankar

Speaking at the inauguration of the Symbiosis International (Deemed University) campus, Jaishankar emphasised how PM's first visit to UAE in 2015, marked the new beginning of bilateral ties

EAM Jaishankar arrives in UAE to boost bilateral ties, enhance cooperation

While the UAE opened its Embassy in India in 1972, India opened its Embassy in the UAE in 1973

EAM Jaishankar arrives in UAE to boost bilateral ties, enhance cooperation

While the UAE opened its Embassy in India in 1972, India opened its Embassy in the UAE in 1973

PM Modi holds bilateral talks with Uzbek, UAE Presidents on Brics sidelines

Prime Minister Narendra Modi on Wednesday held bilateral meetings with the presidents of Uzbekistan and the UAE on the sidelines of the BRICS Summit in Kazan. Modi arrived in the heritage city of Kazan on Tuesday for the 16th BRICS Summit. In a post on X, Modi said he had "a wonderful meeting" with Uzbekistan President Shavkat Mirziyoyev during which they "discussed ways to boost bilateral cooperation between India and Uzbekistan, including trade and cultural linkages". The prime minister also shared some photographs of his meeting with Mirziyoyev. The Ministry of External Affairs (MEA) in a post on X said Modi and Mirziyoyev reviewed progress in India-Uzbekistan bilateral cooperation, including in trade, economic, health, connectivity, capacity building and digital technologies. The two leaders agreed to work together in regional and global fora "for strengthening the voice of the global south", it said. In another post on X, Modi said, "Glad to have met my brother, His Highness

Navy chief visits National Defence college UAE, focus on strengthening ties

Admiral Tripathi also reiterated requirement to enhance training cooperation as well as Subject Matter Expert Exchange between the training establishments of the two countries, said the Indian Navy

Navy chief visits National Defence college UAE, focus on strengthening ties

Admiral Tripathi also reiterated requirement to enhance training cooperation as well as Subject Matter Expert Exchange between the training establishments of the two countries, said the Indian Navy

Navy chief Dinesh Tripathi to embark on UAE visit to boost defence ties

Navy Chief Adm Dinesh K Tripathi will visit the UAE from October 21-24 to strengthen defence cooperation between the two countries and explore new avenues of cooperation between their navies, an official statement said on Monday. Adm Tripathi will also witness the conduct of the third edition of the India-UAE bilateral naval exercise, the defence ministry said in the statement. The Chief of the Naval Staff is scheduled to hold discussions with Rear Admiral Pilot Saeed Bin Hamdan Al Nahyan, Commander of the UAE Naval Forces and other senior government officials of the UAE, it said. Adm Tripathi is visiting the UAE from October 21-24, the ministry said. "This visit aims to strengthen the defence cooperation between the two countries, in line with the deepening Comprehensive Strategic Partnership across all sectors, and consolidate bilateral maritime relations between India and UAE, and to explore new avenues of cooperation between the two navies," the statement said. He is also ...

Govt to open Invest India office in Dubai to attract UAE investments: Goyal

The government has decided to open an office of Invest India in Dubai to serve as a dedicated point of contact for potential UAE investors seeking to invest in India, Union Minister for Commerce and Industry Piyush Goyal said on Monday. Goyal, who was addressing the media after the 12th meeting of India-UAE High-Level Task Force on Investment held here, also announced that the first overseas campus of the Indian Institute of Foreign Trade (IIFT) will be set up in Dubai, which will be a boon for the 3.5 million-strong Indian community residing in the UAE. During the meeting, co-chaired by Goyal and Sheikh Hamed bin Zayed Al Nahyan, Managing Director of Abu Dhabi Investment Authority, the two sides reviewed progress on several key initiatives and expressed satisfaction at the rapid pace of implementation. These initiatives include bilateral trade in local currencies, the integration of payment systems of India and the UAE, cooperation on Central Bank Digital Currencies, the launch of

India, UAE to set up food corridor with $2 billion initial funding

The UAE's investments into India are expected to increase as the bilateral investment treaty (BIT), signed in August, takes effect

India-UAE CEPA: New Delhi to flag concerns over silver import rules

New Delhi has been particularly concerned about the value-addition norms pertaining to these imports and will seek their view on the rules of origins while exporting these items

India eases certain conditions for UAE in bilateral investment treaty: GTRI

India has eased certain conditions for UAE in the bilateral investment treaty by including portfolio investments and reduction in the local remedies exhaustion period from five years to three years in the pact, economic think tank GTRI said on Monday. The India-UAE Bilateral Investment Treaty (BIT) came into force on August 31 this year. The model BIT requires investors to attempt to resolve disputes through India's legal system for at least five years before seeking international arbitration. In contrast, the India-UAE BIT reduces this period to three years, giving investors quicker access to Investor-State Dispute Settlement (ISDS). "While this makes the treaty more investor-friendly, it also weakens India's ability to settle disputes domestically, increasing the likelihood of arbitration cases that could challenge India's regulatory decisions," the Global Trade Research Initiative (GTRI) said in a statement. It added that local remedies exhaustion means that investors must firs