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Executive summary |
• Over $75 billion of trade between the UAE and India last year – the highest on record • The Bilateral Investment Promotion and Protection Agreement between the UAE and India will boost trade and investment flows • The UAE offers attractive business and investment opportunities and a staging post for regional expansion • Indian firms have greater access to funding and liquidity in the UAE than domestically • UAE banks, and companies, are expanding in India, while Indian banks are seeking licences in the UAE • The UAE regulatory framework supports business but needs improvement • India’s government faces big challenges to make it an attractive destination for foreign investment |
Euromoney How important is the UAE and India’s economic relationship for your company, and more broadly how important is this relationship for both countries?
![Vimal Kejriwal (VK) president, transmission and distribution, KEC International.](https://assets.euromoneydigital.com/dims4/default/c69f003/2147483647/strip/true/crop/35x48+0+0/resize/800x1097!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F9f%2Fba%2F05af719d2d7e021fc69c7905a8cf%2Fvk-hs-35.gif)