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Dubai Shines As India-UAE Ties Grows Stronger

Dubai Shines As India-UAE Ties Grows Stronger SECTIONS Last Updated: Feb 17, 2021, 12:00 PM IST Share Comment The traditionally warm relationship between India and the UAE built on mutual trust, respect, civilizational bonds and cultural moorings has grown stronger over the years. The robust flow of bilateral investments and an annual bilateral trade of about US$ 60 billion ensures that the UAE is India s third-largest trade partner and is also a major exporter of crude oil to India. The UAE, in the coming years, is expected to make more investments in the key sectors of Indian economy. In the food sector, the UAE has already confirmed US$ 7 billion worth investment. This is expected to benefit 20 million farmers and create 200,000 new jobs. The UAE s investment in logistics, highways, ports, airports, renewable energy, defence and petrochemicals is bound to grow in the coming years while there has

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