Money and business

Dubai Chambers are looking to enhance trade and investment relations with India

Dubai, March 27 / WAM / His Excellency Eng. Sultan bin Saeed Al Mansouri, Chairman of the Board of Directors of Dubai Chambers, discussed ways to enhance trade and investment relations between Dubai and India, during his reception of His Excellency Sinjay Sodahar, Ambassador of the Republic of India to the country, in the presence of His Excellency Mohammed Ali Rashid Lootah, Director General of Dubai Chambers.
The two parties stressed during the meeting held today at the headquarters of Dubai Chambers on the importance of close economic cooperation between Dubai and India, and the need to expand the scope of bilateral work between the two sides at all commercial and investment levels.
His Excellency Eng. Sultan bin Saeed Al Mansouri, Chairman of the Board of Dubai Chambers, said: We are keen to develop international cooperation bonds to enhance the process of sustainable development and stimulate joint economic growth with the countries of the world, and in light of the continuous momentum witnessed by relations between Dubai and India, Indian companies topped the first rank in terms of the number of foreign companies operating in Dubai and contributes to a vital role in the growth of all business sectors.
His Excellency added: We are committed to supporting the Indian business community to continue expanding in various sectors and starting from Dubai to promising global markets as an ideal platform for business growth, in conjunction with the motivation of companies operating in the emirate to develop their partnerships with its Indian counterparts, and the Indian Business Council working under the umbrella of the Dubai Chamber of Commerce contributes to an effective role in promoting inter -trade relations.
Al -Mansouri talked about the importance of enhancing cooperation with India in the field of information technology, and taking advantage of joint experiences to enhance digital and technical solutions in the field of logistical and aviation services.
The two sides discussed the Dubai’s global logistical passport initiative to increase commercial opportunities and facilitate the flow of trade movement around the world, reduce cost and shorten time in logistical services, as well as open prospects for access to new opportunities in the global markets of the initiative members.
The meeting reviewed the promising prospects for Dubai for Indian businessmen, especially to expand the global markets from the emirate, and to benefit from the DP World Chamber Library network, which includes 33 offices around the world, to stimulate the expansion of Indian companies in regional and international markets by benefiting from Dubai’s position as a global pioneering axis for trade and investment.
The Dubai World Chamber has a representative office in Mumbai plays an effective role in attracting Indian investments and helping Dubai companies to expand and grow in India.
This meeting comes according to Dubai Chambers in light of the importance of Dubai as a favorite investment and commercial destination for Indian companies and businessmen, as India was first dissolved in the number of foreign new companies joining the Chamber’s membership during the year 2024 with the joining of 16,623 new Indian companies to membership in the Dubai Chamber of Commerce.

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