UAE, India sign MoU to drive investment, collaboration in industry, advanced technologies

Abu Dhabi, Oct. 6 (BNA): The UAE and India will cooperate more closely in sustainable industrial development following a Memorandum of Understanding (MoU) signed on Thursday at Emirates Palace.

 

According to Emirates News Agency (WAM), the MoU signing is in line with the UAE-India Comprehensive Economic Partnership Agreement (CEPA), aimed at enhancing the country’s position as a gateway for trade and logistics.

 

The agreement was signed during the 11th meeting of the UAE-India High-Level Joint Task Force on Investments.

 

Focusing on facilitating industrial investments, technology transfer and enabling the deployment of key technologies in industries, the MoU will benefit both countries through joint industrial and technological developments.

 

WHQ