Professional Documents
Culture Documents
TRADE RELATIONS
PRESENTED BY
TANISHA KALRA
08351
Introduction
Indians have emerged as important investors within the UAE and India
as an important export destination for the UAE manufactured goods.
India-UAE trade, valued at US$ 180 million per annum in the 1970s, is
today around US$60 billion making UAE, Indias third largest trading
partner for the year 2014-15 after China and US.
For UAE, India is the largest trading partner for the year 2014 with an
amount of over US$ 28 billion (non-oil trade).
India also imported 16.00 MMT of crude oil from UAE in 2014-15.
Bilateral Agreements
Recent Discussions
Enhance cooperation in counter terrorism, intelligence sharing and
capacity building.
Promote cooperation in cyber security.
Establish a dialogue between the national Security Advisors and the
national Security councils.
Cooperate in maritime security and strengthen defence relations
Further promote trade between the two countries, with the target
of increasing trade by 60% in the next five years.
Agreed to the establishment of UAE-India Infrastructure Investment
Fund, with the aim of reaching a target of USD 75 billion.
Promote strategic partnership in the energy sector, including
through UAEs participation in India in the development of strategic
petroleum reserves, upstream and downstream petroleum sectors,
and collaboration in third countries.
Promote cooperation in Space, including in joint development
and launch of satellites, ground-based infrastructure and
space application.
Cooperate in peaceful uses of nuclear energy including in areas
like safety, health, agriculture and science and technology.
Cooperate in manufacture of defence equipment in India.
Dubai Ports World: Dubai Ports (DP) World operates at: Nhava Sheva
International Container Terminal Private Limited, Chennai Container Terminal
Private Limited and India Gateway Terminal at Cochin. The Rajiv Gandhi Container
Terminal in Vallarpadam, developed and operated by Dubai Ports World is the first
International Container Trans-shipment Terminal in India. On 1 November 2012, DP
World won the contract to build and operate a single berth terminal facility at
Nhava Sheva, Mumbai. The US$ 200mn worth facility expected to be operational in
2015 will have an annual handling capacity of 800,000 TEUs.
RAK ceramics : RAK ceramics, a USD 1bn global conglomerate has the largest
vitrified tile manufacturing plant in Samalkot in Andhra Pradesh(India).
Emaar MGF: Emaar MGF Land Limited is a joint venture between Dubai based
Emaar Properties and MGF developments of India. The company commenced
operation in India in February, 2005 and is into real estate development with a pan
India presence and operations spanning all key segments of the India real estate
industry.
TECOM: TECOM investment was established in the year 2005 to build, manage
and develop the business parks vertical under Dubai Holding. TECOM business
Parks comprises of 10 business parks under five industry clusters across the
information and communication technology (ICT), media, education, sciences, as
well as manufacturing and logistics sectors. SmartCity Malta and Smart City Kochi
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