{"id":263059,"date":"2023-10-06T20:08:47","date_gmt":"2023-10-06T14:38:47","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=263059"},"modified":"2023-10-07T09:09:05","modified_gmt":"2023-10-07T03:39:05","slug":"11th-meeting-of-the-india-uae-high-level-joint-task-force-on-investments","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/11th-meeting-of-the-india-uae-high-level-joint-task-force-on-investments\/","title":{"rendered":"11th Meeting of the India-UAE High Level Joint Task Force on Investments"},"content":{"rendered":"\n

Source: <\/b>The post is based on the article<\/span> \u201c<\/b>11th Meeting of the India-UAE High Level Joint Task Force on Investments<\/b>\u201d <\/b>published in<\/span>\u201cPIB\u201d on 6th October 2023<\/b><\/p>\n

What is the News?<\/b><\/h2>\n

The Eleventh meeting of the UAE-India High Level Joint Task Force on Investments (\u2018the Joint Task Force\u2019) was held in Abu Dhabi.<\/span><\/p>\n

What is the UAE-India High Level Joint Task Force on Investments?<\/b><\/h2>\n

The UAE-India High Level Joint Task Force on Investments was established in 2013.<\/span><\/p>\n

Aim: <\/b>To promote trade, investment and economic ties between India and the UAE.The Task Force has provided an effective mechanism for discussion on opportunities & prospects for investments in both countries as well as resolution of issues faced by investors of the two countries.<\/span><\/p>\n

What are the key highlights from the 11th meeting of the UAE-India Joint Task Force on Investments?<\/b><\/h2>\n

Reviewed the implementation of CEPA: <\/b>The two countries reviewed the progress made on the implementation of the Comprehensive Economic Partnership Agreement (CEPA) between the UAE and India, which came into force in May 2022.\u00a0<\/span><\/p>\n

\u2013 The CEPA has helped reduce tariffs on more than 80 percent of product lines, eliminate\u00a0 barriers to trade and create new pathways for investment and joint ventures.\u00a0<\/span><\/p>\n

\u2013 In the first 12 months of the CEPA, bilateral non-oil trade reached US$50.5 billion representing a growth of 5.8% compared to the corresponding period a year earlier.\u00a0<\/span><\/p>\n

\u2013 The two countries are now fast moving towards the target of US$100 billion non-oil trade by 2030.\u00a0\u00a0<\/span><\/p>\n

India-UAE Start-Up Bridge:<\/b> It is a joint initiative between the UAE Ministry of Economy and India\u2019s\u00a0 Ministry of Commerce and Industry.\u00a0<\/span><\/p>\n

\u2013 The bridge is expected to act as a one-stop platform that offers training sessions and knowledge-sharing on important topics such as market access, investment funds, venture capital, incubators and the respective business landscape in each country.<\/span><\/p>\n

Discussed the establishment of Abu Dhabi \u2013 India Virtual Trade Corridor:<\/b> The corridor aims to increase overall trade volumes by developing data exchange systems to facilitate paperless trade between the two countries, improving efficiencies and security.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Source: The post is based on the article \u201c11th Meeting of the India-UAE High Level Joint Task Force on Investments\u201d published in\u201cPIB\u201d on 6th October 2023 What is the News? The Eleventh meeting of the UAE-India High Level Joint Task Force on Investments (\u2018the Joint Task Force\u2019) was held in Abu Dhabi. What is the… Continue reading 11th Meeting of the India-UAE High Level Joint Task Force on Investments<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,164,9],"tags":[11872,3590],"class_list":["post-263059","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-international-relations-daily-factly-articles","category-public","tag-9pm-daily-factly","tag-pib","entry"],"jetpack_featured_media_url":"","views":{"total":2,"cached_at":"","cached_date":1698436553},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/263059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=263059"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/263059\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=263059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=263059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=263059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}