UAE & India launched the UAE chapter of the Business Council to promote bilateral trade and investment.

  • The UAE and India have launched the UAE India Business Council – UAE Chapter (UIBC-UC) to support their joint mission to strengthen economic ties and increase bilateral trade and investment.
  • His Excellency Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, launched the UAE India Business Council – UAE Chapter (UIBC-UC) in Dubai on 18th Feb 2023.
  • India-UAE Comprehensive Free Trade Agreement completes 1 year of signing.
  • The UIBCUC aims to increase bilateral trade to $100 billion & attract investments of $75 billion from the UAE to India.
  • The council will bring together key partners and stakeholders from both countries and encourage innovative collaboration between Emirates & Indian businesses.
  • The council includes key partners and stakeholders from both countries, including sovereign wealth funds from the UAE & India’s large conglomerates such as the Tata Group, Reliance, Adani, as well as tech innovators such as Ola, Zerodha and EasyMyTrip.
  • It will operate under the supervision of the Federation of UAE Chambers of Commerce and Industry.
  • It is registered with the Dubai Chamber of Commerce as a legal and financial entity. The UIBC-UC will have its office in Dubai.
  • Mr. Faizal Kottikollon of Kef Holdings has been appointed as the Chairman of UIBC-UC.
  • Major General (Retd.) Sharafuddin Sharaf, the Chairman of the UIBC (India Chapter), will serve as the Vice Chairman of the UAE Chapter of UIBC.
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