Regional carriers also reported the strongest growth at 19.9% year-on-year
aviation2 hours ago
The Indian government has begun a series of outreach programmes to make local businessmen aware of the opportunities offered by the Comprehensive Economic Partnership Agreement (CEPA) it had signed with the UAE.
The CEPA was signed in New Delhi on February 18 and was witnessed by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Indian Prime Minister Narendra Modi, during their virtual summit on that day.
The first in a series of countrywide outreach programmes was held in Hyderabad this week, organised by the government of Telangana state, jointly with the Union Ministry of Commerce and Industry.
The Union Minister for Tourism and Culture, G. Kishan Reddy, was the chief guest at the programme. Reddy is Member of the Lower House of Parliament, the Lok Sabha, elected from Telangana state.
He said Telangana accounted for three per cent of the overall merchandise exports of India. The CEPA offered a chance to increase the state's export potential to the UAE and other countries for which the UAE is a business gateway. He urged his home state to improve its logistics facilities to take full advantage of the CEPA.
In this context, the Union Minister of State for Commerce and Industry, Anupriya Patel, said Telangana has a big opportunity to become one of India’s exporting hubs due to its advanced pharmaceuticals, leather, gems, jewellery, and electronic goods industries. All these items have potential to be exported to the Gulf.
Moreover, Telangana recently created Export Promotion Councils in every district of the state to maximise exports.
Amit Yadav, Additional Secretary in the Union Ministry of Commerce, explained to assembled businessmen and exporters the potential advantages of the CEPA with the UAE. — Wam
Regional carriers also reported the strongest growth at 19.9% year-on-year
aviation2 hours ago
Sharjah Children’s Reading Festival welcomes 260 guests representing 25 countries and 186 publishers
uae2 hours ago
Imyoung Ma and Minkeong Kim hold on to clinch second place on a countback at the Majlis Course
sports2 hours ago
UAE aims to double its gross domestic product to Dh3 trillion by 2030
economy2 hours ago
The Polish player enters another chapter in his career at this week’s LIV Golf Singapore
sports2 hours ago
The UAE won 96 gold, 103 silver and 97 bronze medals as they secured their position at the top of the standings
sports2 hours ago
Using his bicycle, Jamaluddin offered to ferry individuals from one side of the flooded underpass to the other, ensuring they could cross without getting wet
uae2 hours ago
Changes take effect on May 3 and aim to streamline the daily movement of riders
transport2 hours ago