+
Piyush Goyal to Visit UAE for 13th India-UAE High Level Task Force on Investments
ECONOMY & POLICY

Piyush Goyal to Visit UAE for 13th India-UAE High Level Task Force on Investments

Union Minister of Commerce and Industry Piyush Goyal will visit the United Arab Emirates (UAE) from September 18–19, 2025, to co-chair the 13th India-UAE High Level Task Force on Investments (HLJTFI) with His Highness Sheikh Hamed bin Zayed Al Nahyan, Managing Director of the Abu Dhabi Investment Authority (ADIA).

The meeting will review the implementation of the India-UAE Comprehensive Economic Partnership Agreement (CEPA), the Double Taxation Treaty, and matters related to the UAE-India Central Bank. It will also explore new investment opportunities in high-potential sectors such as maritime and space.

During the visit, Goyal will co-chair the UAE-India Business Council (UIBC) roundtable with His Excellency Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, and engage with CEOs of leading Indian and UAE companies. Bilateral meetings will focus on expanding trade, strengthening investments, and advancing cooperation in priority sectors.

The Minister is also scheduled to meet HH Sheikh Tahnoun bin Zayed Al Nahyan, UAE National Security Advisor and Chairman of the International Holding Company (IHC); HE Ahmed Jasim Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development (ADDED); and  Syed Basar Shueb, Managing Director of IHC, alongside other private sector leaders.

The 12th HLJTFI, held in Mumbai in October 2024, saw the ratification of the India-UAE Bilateral Investment Treaty, signed during Prime Minister Shri Narendra Modi’s visit to the UAE in February 2024. Since its establishment in 2013, the HLJTFI has played a key role in strengthening trade and investment ties, identifying new opportunities, and resolving investor concerns.

UAE continues to be one of India’s most important strategic partners. The Comprehensive Strategic Partnership is anchored in deep political engagement, strong economic integration, and cooperation in energy, defence, technology, and food security. The CEPA, which came into force in May 2022, has nearly doubled bilateral merchandise trade—from $43.3 billion in FY 2020-21 to $83.7 billion in FY 2023-24—driving a structural shift towards non-oil sectors.

News source: PIB

Union Minister of Commerce and Industry Piyush Goyal will visit the United Arab Emirates (UAE) from September 18–19, 2025, to co-chair the 13th India-UAE High Level Task Force on Investments (HLJTFI) with His Highness Sheikh Hamed bin Zayed Al Nahyan, Managing Director of the Abu Dhabi Investment Authority (ADIA).The meeting will review the implementation of the India-UAE Comprehensive Economic Partnership Agreement (CEPA), the Double Taxation Treaty, and matters related to the UAE-India Central Bank. It will also explore new investment opportunities in high-potential sectors such as maritime and space.During the visit, Goyal will co-chair the UAE-India Business Council (UIBC) roundtable with His Excellency Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, and engage with CEOs of leading Indian and UAE companies. Bilateral meetings will focus on expanding trade, strengthening investments, and advancing cooperation in priority sectors.The Minister is also scheduled to meet HH Sheikh Tahnoun bin Zayed Al Nahyan, UAE National Security Advisor and Chairman of the International Holding Company (IHC); HE Ahmed Jasim Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development (ADDED); and  Syed Basar Shueb, Managing Director of IHC, alongside other private sector leaders.The 12th HLJTFI, held in Mumbai in October 2024, saw the ratification of the India-UAE Bilateral Investment Treaty, signed during Prime Minister Shri Narendra Modi’s visit to the UAE in February 2024. Since its establishment in 2013, the HLJTFI has played a key role in strengthening trade and investment ties, identifying new opportunities, and resolving investor concerns.UAE continues to be one of India’s most important strategic partners. The Comprehensive Strategic Partnership is anchored in deep political engagement, strong economic integration, and cooperation in energy, defence, technology, and food security. The CEPA, which came into force in May 2022, has nearly doubled bilateral merchandise trade—from $43.3 billion in FY 2020-21 to $83.7 billion in FY 2023-24—driving a structural shift towards non-oil sectors.News source: PIB

Related Stories

Gold Stories

Next Story
Infrastructure Transport

Mumbai-Ahmedabad Bullet Train’s Surat-Vapi Section Set for 2027

The first section of the Mumbai-Ahmedabad Bullet Train corridor, linking Surat and Vapi, is targeted to begin services in 2027. Construction is expected to be completed by December 2026, while Railway Minister Ashwini Vaishnaw has indicated that an inauguration could take place around the middle of 2027. The National High Speed Rail Corporation (NHSRCL) said the train being manufactured in India is expected to reach the tracks around April or May 2027. The train will undergo extensive testing before the section is opened for passenger services. The project began construction in 2021 and includ..

Next Story
Infrastructure Transport

Indian Railways Approves Four Projects Worth Rs. 7.36 bn Across Four States

Indian Railways has approved four projects with a combined value of Rs. 7.36 bn across Uttar Pradesh, Maharashtra, Andhra Pradesh and Gujarat. The programme covers train protection, signalling, electric traction supply and a road overbridge, with each project assigned to a different railway zone. In Uttar Pradesh, Rs. 2.52 bn has been approved to extend the Kavach 4.0 automatic train protection system across 607.7 km in the Lucknow Division of North Eastern Railway. The system monitors train movements and can apply the brakes if a driver fails to observe a signal or exceeds a safe speed. The w..

Next Story
Infrastructure Urban

Chandru Raheja Sells 1.49% Stake in Mindspace REIT for Rs. 5 bn

Billionaire Chandru Lachmandas Raheja has sold a 1.49 per cent holding in Mindspace Business Parks REIT for Rs. 5 bn through a bulk deal on the BSE. The transaction involved 9.9 mn units and was executed at an average price of Rs. 505 per unit, according to exchange data. Following the sale, units of Mindspace Business Parks REIT were trading 0.18 per cent lower at Rs. 504.05 on Tuesday. Exchange data did not identify the buyers involved in the transaction. Raheja is the chairman of real estate company K Raheja Corp. The sale involved 99,00,990 units, representing 1.49 per cent of the Mumbai-b..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code