India, UAE eye $200 billion two-way trade by 2032
New Delhi, Feb. 18 -- India and the United Arab Emirates are likely to grow two-way trade to $200 billion before the target date of 2032 and there is growing interest in the Emirates for co-investments in areas such as artificial intelligence (AI) and aviation hubs built around airports, the UAE's special envoy for business and philanthropy said on Tuesday.
Badr Jafar, who was appointed to the position by UAE's deputy prime minister Sheikh Abdullah bin Zayed Al Nahyan last year, is visiting India this week to drum up business opportunities in new areas and to drive investments through meetings in New Delhi and Mumbai. Jafar told HT in an interview that the UAE-India relationship is distinctive because it is "rooted in future-facing models" ...
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