1. UAE keen to invest in Make in India, Digital India, smart cities schemes

UAE keen to invest in Make in India, Digital India, smart cities schemes

UAE’s foreign minister Sheikh Abdullah Bin Zayed Al Nahyan, who is in New Delhi on a two-day visit, said that his country is looking to invest in programmes like Make in India, Digital India and smart cities.

By: | New Delhi | Published: September 4, 2015 12:26 AM

The UAE’s foreign minister Sheikh Abdullah Bin Zayed Al Nahyan, who is in New Delhi on a two-day visit, said that his country is looking to invest in programmes like Make in India, Digital India and smart cities. “We are determined to attract more investment into India in various sectors. I am extremely keen to hear and listen from you some of the proposals, especially Make in India, Digital India and Smart City initiatives,” hesaid.

In her statement at the 11th India-UAE joint commission meeting, external affairs minister Sushma Swaraj said infrastructure is a key element in this regard as it opens up markets and opportunities for stronger people-to-people ties. The minister said that the UAE was “determined” to take its relationship with India “to a new strategic level”.

Citing the example of Dubai Ports World, she said: “We want to do more, we have the capacity, the willingness, the drive to do more”.

The UAE foreign minister is leading a delegation of more than 80 members, consisting of senior officials and industry leaders, for the India-UAE joint commission meeting on technical and economical cooperation, scheduled to be held in New Delhi on September 2-3. Pointing out that Dubai will host the World Exposition 2020, the visiting minister said: “We would need our Indian partners and friends for support to help us achieve those deliverables.”

The two sides have also signed an agreement for setting up a joint business council for stronger economic ties and growth of bilateral business. On the agenda of the 11th joint commission between the two countries were bilateral issues such as trade, investment and cooperation in new areas that include defence production, infrastructure, security, counter-terrorism, energy security, and small-to-medium sized enterprises. The two sides are also keen on enhancing collaboration in space and renewable energy, advanced health care, urban development and agriculture techniques for arid climates.

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