Union commerce and industry, Non-governmental organization

Union Commerce and Industry Piyush Goyal on Saturday said he was gratified to see the confidence the UAE authorities and investors have in Prime Minister Narendra Modi's approach to problem-solving and his approach to the systemic and policy-driven resolution of issues.Addressing a press briefing here on Saturday, Piyush Goyal said investors in UAE had conveyed that they do not have to worry about extraneous considerations while doing business in India."I am gratified to see the confidence that the UAE government and investors have in the political leadership in India, the confidence they have in PM Modi's approach to problem-solving, approach to promoting country and approach to systemic resolution and policy-driven resolution of issues that come up in a very transparent and honest manner," he said.The minister said investors in India have a lot of positivity about the country's future."I would like to express my gratitude to the investors in India who have let bygones be bygones but have a lot of positivity about the future. They have appreciated the role of bureaucracy in India, whose mindset has also changed significantly," he said."Many investors spoke about at dinner last night and during my bilaterals. This new India that they are seeing, I think, is a source of inspiration for them to look at engaging with India in a much bigger way," he added.The minister said at every meeting he had in the UAE, everyone appreciated India's efforts during the COVID-19 pandemic."They appreciated that India proactively supported the UAE. They said India has earned our goodwill for life," he said."India's Vaccine Maitri initiative has earned us the trust of the world. It is the visionary thinking of PM Narendra Modi that we are reaping the benefits today," he added.The ninth meeting of the UAE-India High-Level Joint Task Force on Investments on Saturday discussed ongoing efforts to amend the longstanding Bilateral Investment Treaty and noted the importance of concluding the negotiation process as soon as possible.The meeting was co-chaired by Sheikh Hamed bin Zayed Al Nahyan, Member of the Executive Council of the Emirate of Abu Dhabi.Senior officials representing government authorities and various investment entities from both countries took part in the meeting.Piyush Goyal on Friday inaugurated the Indian Pavilion at Dubai Expo 2020.( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Union Commerce And IndustryFOLLOW

Union commerce and industry, Latest News

The Economic Cooperation and Trade Agreement signed by India and Australia last week is expected to boost bilateral trade between the two countries to USD 100 billion by 2030 from the current USD 26-27 billion, Union Commerce and Industry Minister Pi ...

Union Commerce and Industry Minister Piyush Goyal has said that India should keep a target of USD 100 billion in exports in the jewellery industry worldwide, adding that it should work to see how the target can be achieved regarding policies by the C ...

India has emerged as the world's third-largest startup ecosystem and the target is to acquire the number one position, Union Commerce and Industry Minister Piyush Goyal said on Monday. ...

India's merchandise exports crossed the $400 billion mark in the current financial year, nine days ahead of the target, Prime Minister Narendra Modi said on Wednesday. ...

India's export of guavas increased by 260 per cent since 2013 to USD 2.09 million in April 2021-22 from USD 0.58 million in April-January 2013-14, Union Commerce and Industry Minister Piyush Goyal informed on Friday. ...

Highlighting the country's export potential, Union Commerce and Industry Minister Piyush Goyal on Monday said that India's exports target of USD 650 Billion within the current financial year is achievable. ...

Union Commerce and Industry Minister Piyush Goyal said that the Omicron variant of COVID-19 will be a short-term disruption on businesses, adding that supply chains and industrial activities will continue at full speed. ...

Union Commerce and Industry Piyush Goyal on Saturday said he was gratified to see the confidence the UAE authorities and investors have in Prime Minister Narendra Modi's approach to problem-solving and his approach to the systemic and policy-driven r ...