– Hamdan Bin Mohammed concludes the first official visit to India, praises a strong bilateral association
His highness Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Heir Prince of Dubai, Vice Prime Minister and Defense Minister of the EAU, concluded his first official visit to India, duration of what is with senior cooperation in key strategic sectors.
His highness was in charge of the long -standing association between the two nations on the trip to a prosperous future, saying that the relationship is based on mutual trust and respect. His highness also said that the ties between the two nations and their peoples are exemplary and continue to grow, driven by a shared commitment to expand cooperation in vital sectors in support of their sustainable development goals.
Duration of the visit, his highness with the Indian prime minister his excellence Narendra Modi and transmitted the greetings of the leadership of the EAU.
Highlighting the rich national heritage of the civilization of India and the vast population, Sheikh Hamdan said that trade has long served as a bridge between the two nations. Today, he said, both countries are working together to shape a brighter future through innovation, technology and collaboration in vital sectors.
Apart from the visit, his highness witnessed the signing of eight comprehension memoranda (MOU) aimed at strengthening collaboration in key sectors, such as infrastructure, medical care, higher education and private services, and private services, and private services, and private services, and private services, and private services, and private services, and private services, and private services, and private services. These Mous are based on the impulse of the Comprehensive Economic Association (CEPA) Agreement of 2022 and the Bilateral Investment Treaty (BIT), which have created a solid base for a more open, safe and friendly economic relationship with investment. This progress is reflected in notable achievements, such as a 20% increase in bilateral trade in 2024, reaching 240 billion AED compared to 2023.
His highness Sheikh Hamdan Bin Mohammed also praised the private sector of the EAU for his key role in the expansion of world economic ties of the Nation through strategic projects and investments. Hello, it also praised national economic institutions for giving a prospective example in the adoption of advanced solutions promoted by technology that support sustainable development.
Sheikh Hamdan also attended the opening of the second representative office of the Dubai International Chamber in India, located in Bangalore. Sheikh Hamdan also visited the Bombay Bag (BSE), one of the world’s oldest stock exchanges and the first in Asia, established in 1875.
In addition, its highness inaugurated the last generation free trade storage zone of DP World (FTWZ) -The Nhava Sheva Business Park (NSBP) -In Mumbai, India. This marks the third FTWZ of DP World in India, with an investment demanding US $ 200 million (AED 735 million).
Duration The visit, its highness was accompanied by a high -level delegation that includes its highness Sheikh Ahmed Bin Saeed al Maktoum, president of the Civil Aviation Authority of Dubai, president of Airports de Dubai and President; His excellence Mohammad Bin Abdullah to Gergawi, Minister or Cabinet Affairs; His excellence repit Ebrahim al Hashimy, Minister of State for International Cooperation; His excellence Dr. Ahmad Belhoul al Falasi, Minister or Sports; His excellence Abdulla Bin Touq to the Milt, Minister or Economy; His excellence Mohamed Bin Hadi al Hussaini, Minister of State for Financial Affairs; and his excellence Omar Bin Sultan al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications. The delegation also includes several senior officials and leaders who represent different economic sectors.
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