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India UAE Trade Relations
The document summarizes India's trade relations with the United Arab Emirates (UAE). It provides background information on the UAE and outlines the strong bilateral economic and political relationship between the two countries. Key aspects of the relationship include India being one of the UAE's largest trading partners, major Indian investments and business presence in the UAE, cooperation on defense matters, and plans to strengthen collaboration further in areas like energy, infrastructure, education and regional security. The relationship is described as traditionally warm, friendly and based on continuity without any major irritants.
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This section introduces the focus of the presentation on India's trade relations with the UAE.
Outlines the key topics including bilateral relations, economic relations, and defense relations.
Provides a brief on UAE including its capital, GDP, HDI, and the presence of Indian workers.
Details India's significant share in UAE's imports, listing key products such as cotton and gems.
Highlights India's export contributions to UAE, mentioning key items like precious stones and chemicals.
Cites the Department of Commerce, Government of India as the source for trade data.
Lists significant bilateral treaties between India and UAE, including cultural and defense agreements.
Continues on treaties including media cooperation, defense, and manpower sourcing agreements.
Highlights UAE as a major market for Indian products and mention of Indo-UAE joint commission.
Notes India's position as the third-largest investor in UAE with notable companies listed.
India tops Dubai's export market for the second year, highlighting significant trade figures.
Details UAE investments in India through various means and lists major investing companies.
Describes key features of the UAE business environment, including oil reserves and free trade zones.
Highlights UAE's tax benefits and business-friendly measures attractive to international investors.
Enumerates sectors experiencing growth such as telecom, real estate, and oil and gas.
Discusses India's role in training UAE defense personnel and joint defense cooperation agreements.
Details outcomes of the JDCC meeting including training programs and exchanges.
Describes historical naval visits and military engagements between India and UAE.
Outlines future cooperation areas including security, agriculture, and energy.
Summarizes the warm relationship between India and UAE, future cooperation, and support for India's UN bid.
Ends the presentation with a note of thanks.
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India UAE Trade Relations
- 1. India’s Trade Relationswith UnitedArabEmirates
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- 3. Topics of discussionAboutU.A.E. in briefIndia-U.A.E. bilateral relationsBilateral TreatiesEconomic RelationsBusiness Environment in U.A.E.Defense RelationsThe Future
- 4. About U.A.E. inbriefCapital City : Abu DhabiLargest City : DubaiPopulation : 8,132,491 (94th in the world)GDP (2010) : 239.56 billion USDPer Capita : US$49,995HDI : 0.815 (32ndin the world)Currency : Dirham = 12.3 INRIndians numbering about 2 million are employed in the U.A.E. economy
- 5. India-U.A.E. bilateral relationsIndiaas import partner : 10% of U.A.E.’s importCotton accessoriesGems and jewelryMan-made yarn and fabricsMarine productsMachinery and instrumentsPlastic and linoleumTea
- 6. India-U.A.E. bilateral relationsIndiaas export partner : 4.8% of U.A.E.’s exportPearl and precious/semi-precious stones ; GoldPulp and paper wasteSulphur and unroasted iron pyritesMetal scrapOrganic and inorganic chemicals
- 7. India-U.A.E. bilateral relationsSource: Dept of commerce, GOI
- 8. India-U.A.E. bilateral relationsSource: Dept of commerce, GOI
- 9. Bilateral TreatiesCultural CooperationAgreementDouble Taxation Avoidance AgreementAgreement to Combat Trafficking in Narcotic Drugs and Psychotropic SubstancesAgreement for establishing air services between and beyond their respective territoriesExtradition Treaty : Agreement on Mutual Legal Assistance in Civil and Criminal Matters, Judicial Commissions and Execution of Judgments
- 10. Bilateral TreatiesAgreement betweenPress Trust of India and Emirates News Agency for mutual professional cooperationDefense Cooperation AgreementMoU on Manpower SourcingMoU for Cooperation between Indian Council of World Affairs (ICWA)and Emirates Centre for Strategic Studies and Research (ECSSR)MoU between Securities and Exchange Board of India and Emirates Securities and Commodities Authority for Assistance and Mutual Cooperation on the Exchange of Information
- 11. Economic RelationsU.A.E. isthe 2nd largest market globally for Indian productsIndo-U.A.E. joint commission for economic, scientific and technical cooperation was set up in Jan 1975 on an EAM level. Trade and Investment
- 12. Combat crime,terrorism and illicit activities
- 13. Education, culture,youth and sports
- 14. Science andTechnologyEconomic RelationsIndia is also the 3rd largest investor in U.A.E. Major Indian companies in U.A.E. L&T
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- 18. Oberoi Groupof HotelsEconomic RelationsIndia has topped the list of export market for Dubai for the 2nd consecutive year with a share of 40.6% at 5.36 billion US$.Joint Business Council agreement was signed on 19th Feb 2004 at Mumbai between Federation of U.A.E. member of commerce and industry and Federation of Indian Chambers of commerce and industry. IT, Oil-gas
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- 21. TourismEconomic RelationsU.A.E.has invested over USD 5 billion in India through FDI and FII routes.Major U.A.E. companies investing in India DP world RAK Investment Authority
- 22. Emaar Group Damas Jewellery
- 23. Al Nakheel Abu Dhabi Commercial Bank
- 24. ETA StarGroup
- 25. SS LootahGroup
- 26. Emirates TechnoCastingBusiness Environment in U.A.E.U.A.E. possesses 10% of world’s proven crude oil reserves, which will last for more than 100 years. U.A.E. free trade zones are home to more than 3000 companies with an estimated trade of around US$ 8 billion.U.A.E. has easy access to 1.5 billion consumer markets situated in Africa, West Asia and East Europe as well as the areas around the Red Sea and the Gulf.
- 27. Business Environment inU.A.E.No Corporate Tax and Income TaxNo Personal Income TaxNo foreign exchange controls100% repatriation of capital and profits11 ports and 6 international airportsDubai Internet city - Oracle, IBM, HP, CiscoDubai media city - bridge to the future, linking the GCC (Gulf Cooperation Council) countries and to the other nations of the world
- 28. Business Environment inU.A.E.Booming Sectors in U.A.E.TelecomElectronic GoodsFood and Beverage sectorOil and GasReal EstateGold and Ornaments
- 29. Defense RelationsIndia hasbeen training U.A.E. defense personnel in various disciplines at its specialized institutions. India is participating regularly in all international defense exhibitions (IDEX) organized by the General Exhibitions Corporation of the U.A.E. An Agreement on Joint Defense Cooperation was signed by the two sides during June 2003. There was agreement that the 'Strategic Dialogue' would be held annually.
- 30. Defense RelationsAt thefirst JDCC Meeting in April 2006, both sides agreed to support defense exhibitions in each country by deputing its platforms and personnel. As a follow up of the meeting of the JDCC in April 2006 several steps were taken Enhance participation in training programmes
- 31. Exchangeof visits by service Chiefs
- 32. Visitsof Naval Ships and Coast Guard
- 33. Cooperationin defense production industriesDefense RelationsIn 2006 beginning, two Indian naval ships and two Indian Coast Guard vessels visited UAE. India’s Navy Chief had a successful visit to the UAE in Feb 2007 during which he had meetings with the military chiefs of U.A.E.The U.A.E. sent its defense officials to the Aero Show in Bangalore in Feb 2007. A 5-member U.A.E. Defence Team visited India to examine Anti Aircraft Gun L-70-40 mm in March 2007.
- 34. The FutureRecent visit: The president of India visited U.A.E. from 21st to 25th November 2010Agreement on security cooperation, counter-terrorism and maritime securitySpecific proposals focusing on education, science and technology and regional securityAn important area of cooperation, food securityU.A.E. to invest in projects for enhancing agricultural production in India, especially in the area of food processingLabor welfare
- 35. The FutureU.A.E. toparticipate in activities in the petroleum sector to strengthen India's energy security, as well as in the infrastructure sector, including in the Railways.Simultaneously, the U.A.E. assured India that it would back New Delhi's efforts for a permanent seat in the United Nations Security Council. India-U.A.E. relations have been traditionally warm and friendly and based on continuity, trust and confidence without any irritants. This is likely to continue.
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