Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Heir Prince of Dubai, Vice Prime Minister, Minister of Defense and President of the Executive Council of Dubai, has completed his first official visit to India, the duration is added to the fact that he met with the hem in the strategic sectors.
Duration the visit, Sheikh Hamdan with Indian Prime Minister Narendra Modi and transmitted greetings of the leadership of the EAU.
The heir prince noticed the importance of the inheritance and population of India, stating that trade has historically served as a connection between the two nations.
Visit of Sheikh Hamdan’s historical India
The visit saw the firm of eight comprehension memoranda (MOU) aimed at strengthening collaboration in infrastructure, medical care, higher education, maritime services, logistics and private participation sector.
These agreements are based on the 2022 Integral Economic Association Agreement (CEPA) and the Bilateral Investment Treaty (BIT).
Progress in the economic relationship was evidenced by a 20 percent increase in bilateral trade in 2024, reaching AED240 billion compared to 2023.
Sheikh Hamdan praised the Eau private sector for expanding the global economic ties of nations and praised national economic institutions for adopting advanced technology driver who support sustainable development.
The heir prince also attended the opening of the second representative office of the International Chamber of Dubai in India, located in Bangalore, and visited the Bombay Stock Exchange, one of the oldest bags of values ​​in the world established in 1875.
In addition, Sheikh Hamdan inaugurated the free trade storage zone of DP World World, the NHAVA SHEVA BUSINESS PARK-IN MUMBAI, which represents an investment that exceeds $ 200 million (AED735 million). This marks the third FTWZ of DP World in India.
Sheikh Hamdan delegation included Sheikh Ahmed Bin Saeed al Maktoum, president of the Dubai Civil Aviation Authority; Mohammad Bin Abdullah Al Gergawi, Minister or Cabinet Affairs; Repon Ebrahim al Hashimy, Minister of State for International Cooperation; Dr. Ahmad Belhoul al Falasi, Minister or Sports; Abdulla Bin Touq to the MARRI, Minister or Economy; Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs; and Omar Bin Sultan al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications.
The delegation also included senior officials and leaders from several economic sectors.
