The joint investment team between the UAE and India holds its thirteenth meeting in Abu Dhabi
Abu Dhabi, September 18 / WAM / His Highness Sheikh Hamed bin Zayed Al Nahyan, Managing Director of the Abu Dhabi Investment Agency (Adia), and His Excellency Bio Goyal, Minister of Trade and Industry in the friendly Republic of India, presided over the joint investment team meeting between the Emirates and the thirteenth India held today in Abu Dhabi.
The meeting dealt with a wide range of trade and investment topics, including ongoing initiatives to enhance bilateral investment flows and explore new areas for joint cooperation.
The head of the meeting praised the positive momentum witnessed by bilateral trade after entering the comprehensive economic partnership agreement between the UAE and India (CEPA) in effect in May 2022, noting that the volume of non -oil trade between the two countries reached in the first half of 2025, about 38 billion US dollars, an increase of 34% compared to the same period in 2024, which represents an important step towards achieving the commercial goals of the UAE regarding the size of its trade Intelligence with the Republic of India by 2030, noting that this agreement is an essential pillar of the economic partnership between the two countries and a model for constructive cooperation in the worldly changing global trade scene.
The work team reviewed the positive progress in a number of joint investment projects, including the “Mart Mart” project in the Jabal Ali’s free zone, a complex that extends over an area of 2.7 million square feet, designed to enable Indian manufacturers and exporters to display their products to the world, reflecting economic integration between the two countries.
The meeting witnessed the discussion of the opportunities for future cooperation in a number of sectors, including the maritime transport sector and the space sector in India, as it touched on the ongoing strategic initiatives between the central banks in the two countries to enable bilateral trade in local currencies, integrate payment systems in the two countries, and cooperation on digital currencies of central banks.
The two parties praised the progress made so far regarding these initiatives, stressing their commitment to completing the implementation in the near future.
The joint work team also reviewed a number of current issues and challenges facing investors in the two countries, and directed the heads of the meeting the relevant teams in both countries, and in cooperation with the relevant government agencies, to find quick and satisfactory solutions for both parties.
At the end of the meeting, His Highness Sheikh Hamed bin Zayed Al Nahyan, Managing Director of the Abu Dhabi Investment Agency, said: Commercial and investment relations between the UAE and the Republic of India continue to grow it at an accelerated pace, based on common principles based on common goals and joint success. The meeting of the joint work team held today included positive developments on the progress made in a number of important initiatives, and also presented new fields of future cooperation.
His Highness added: Through the continuous commitment to members of the joint work team, this forum will continue to play a pivotal role in expanding and deepening the economic partnership between the Emirates and India.
For his part, His Excellency Bio Goyal, Minister of Trade and Industry in the Government of India said: India has made a long way as the fastest growing economies in the world, and it is committed to achieving comprehensive, sustainable and flexible growth.
The meeting was attended by a number of senior officials from the relevant government agencies, investment bodies and companies from both countries by the UAE both His Excellency Dr. Thani bin Ahmed Al -Zyoudi, Minister of Foreign Trade, His Excellency Ahmed Jassim Al Zaabi, Head of the Department of Economic Development in Abu Dhabi, President of the Abu Dhabi Chamber of Commerce and President of the Emirates Chambers Union, His Excellency Dr. Abdel Nasser Al Shaali, UAE Ambassador to the Republic of India, and His Excellency Younis Haji Al -Khoury, Undersecretary of the Ministry of Finance.
The Indian delegation included His Excellency Ambassador Songay Soder, Ambassador of the Republic of India to the State, as well as prominent representatives of a number of ministries and Indian authorities, including: Ministry of Foreign Affairs, Ministry of Commerce, Ministry of Finance, Ministry of Food Industries, Ministry of Ports, Shipping and Waterways, Ministry of Health and Family Welfare, Administration of Promotion for Industry and Internal Trade, Indian Reserve Bank, National Payments Corporation in India (NPCI), Space Affairs Department, and Agency “Invest in India.”
It is noteworthy that the UAE -Indian -Indian investment team was established in 2013 to be a major platform to enhance economic ties between the UAE and India and has played an effective role since its foundation in discussing and developing joint investment opportunities, as well as being a platform to address the challenges faced by investors in the two countries and seeking to find consensual solutions to them.
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