India-UAE: A bond that goes beyond business - Hindustan Times

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Historical Ties

The article details the long-standing relationship between the UAE and India, tracing it back centuries through stories of family connections and trade. It emphasizes the role of Indian merchants in Dubai's early development and the mutual respect and trust developed over generations.

Economic Partnership

The UAE and India's Comprehensive Economic Partnership Agreement (CEPA) has significantly boosted bilateral trade, exceeding $84.5 billion in 2023-24 and aiming for $100 billion. The UAE has also pledged a $75 billion investment in India's infrastructure.

The partnership extends beyond traditional sectors, encompassing artificial intelligence, renewable energy, and defense. Examples of successful collaboration include the space partnership between Mohammed Bin Rashid Space Centre and the Indian Space Research Organisation and the integration of financial systems through UPI-NEOPAY.

Cultural Exchange

The article highlights the cultural exchange between the two nations, mentioning the influence of Indian education and healthcare professionals in the UAE's early development, the presence of Indian institutions like IIT Delhi and IIM Ahmedabad in the UAE, and the popularity of Indian cinema and cricket in the UAE.

Shared Vision

The UAE's Centennial 2071 vision aligns with India's Viksit Bharat 2047 goals. Both nations emphasize hard work, innovation, and determination in achieving their respective visions.

The article concludes by emphasizing the strength and resilience of the partnership, suggesting it will continue to grow and prosper in the face of changing global landscapes.

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