Indian prime minister Narendra Modi to visit UAE on January the 6th to attend the Dubai Expo and witness the signing of the India-UAE free trade agreement.
Modi is also expected to visit Indian Pavillion which is a massive four-floor showcasing India’s culture, Yoga, Ayurveda, and space program at the Dubai Expo.
According to the Indian trade minister, the free trade agreement which is the first free trade agreement India has entered is an “outstanding achievement for India” and will open a lot of doors for many sectors in the Indian economy.
Talks for free trade agreements were launched in September and the first week of December saw the third round of the India-UAE Comprehensive Economic Partnership Agreement “CEPA” in Delhi.
UAE is the second-largest importer of Indian products after the U.S with an annual turnover of 30 billion dollars according to data released in the 2018-2019 period.