India to set up special desk to facilitate investments from UAE

India will soon set up a special UAE desk to facilitate investments and resolve any business issues between the two nations. Commerce Minister Suresh Prabhu made the announcement after co-chairing the sixth meeting of UAE-India High-Level Joint Task Force on Investments in Mumbai yesterday.

The meeting was also attended by Chairman of the Abu Dhabi Crown Prince’s Court, Sheikh Hamed bin Zayed Al Nahyan. During the meeting, both sides held discussions on the opportunities for cooperation and investment in the Railways, logistics, highways, airports and infrastructure sectors. Both sides also expressed satisfaction on the ongoing strong engagements in the hydrocarbon sector.

Speaking to reporters after the meeting, Mr Prabhu said a lot of outstanding issues faced by investors in both the countries have been resolved and India now looks forward to deeper engagement with UAE in the coming years.

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