UAE ready to take strategic relationship with India to new level: UAE Minister

UAE, India healthcare providers should leverage strengths: Shobana Kamineni, Vice President, CII

Addressing the India – UAE Business Meet organised by the Confederation of Indian Industry (CII) in cooperation with the Government of India and the Government of the UAE in New Delhi today, H.E. Reem Ibrahim Al Hashimi, Minister of State, United Arab Emirates (UAE), stated that the UAE is ready to take the bilateral relationship with India to a new strategic level.

In his address, Anil Wadhwa, Secretary (East), Ministry of External Affairs, Government of India stated that the visit of the Prime Minister of India to the UAE last month led to several significant announcement like the setting up of the UAE-India Infrastructure Investment Fund and the commitment made by the two sides to step up bilateral trade by 60 per cent over the next five years. He also mentioned that the India-UAE 11th Joint Commission Meeting for Economic and Technical Cooperation had just concluded its meeting yesterday in which the UAE team reiterates their commitment to undertake extensive investments in India.

Addressing the participants, Shobana Kamineni, VP, CII stated that India and UAE need to step up their cooperation in the services sector. She highlighted the case of healthcare in which she stated that the two countries could cooperate in areas such as disease prevention, joint research on lifestyle diseases such as heart disease, hypertension and diabetes, low cost delivery of healthcare as well as quality and cost efficiency of pharma and medical devices.

Kamineni, who is also Executive Vice-Chairperson, Apollo Hospitals Enterprise Limited (AHEL) stated that healthcare providers from both countries can leverage their strengths and set up hospitals in third countries in the greater region of Middle East, West Asia and North Africa (MEWANA).

bilateral co-operationIndiaUAEUAE-India Infrastructure Investment Fund