A delegation led by Shri Piyush Goyal, Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles, Government of India, will be visiting the United Arab Emirates from 5th-6th, October 2023 to co-chair the 11th India-UAE High Level Task Force on Investments (HLTFI), and to engage with industry representatives and interact with the UAE delegation led by His Highness Sheikh Hamed bin Zayed Al Nahyan, Member of the Executive Council of the Emirate of Abu Dhabi. 

The two delegations will discuss Issues/Challenges Pertaining to existing Investments, both, made by UAE companies in India, and investments made by Indian Companies in UAE. 

The meeting will also review the outcomes achieved through the work of the Joint Task Force to date, and the two sides will continue exploring ways to facilitate investment in areas of mutual interest with the potential for economic growth.

Over the two-day visit, Minister Goyal will also hold bilateral meetings to enhance general trade, investment matters and areas of cooperation for strengthening India – UAE ties.

The Joint Task Force was established in 2013 as a key forum to promote trade, investment and economic ties between the UAE and India. Over the years HLTFI has emerged as an effective platform for addressing key constraints that companies from either side may face. 

This will be the first meeting post the one year celebration of India – UAE Comprehensive Economic Partnership Agreement (CEPA) signing.

Investment facilitation via the India UAE High Level Joint Task Force to address cross border investment issues and advance CEPA implementation. The 11th meeting of the High Level Joint Task Force on Investments (HLTFI) will review and address issues affecting UAE investments in India and Indian investments in the UAE, assess outcomes since the Task Force's 2013 establishment, and identify measures to facilitate investment in sectors with mutual growth potential. The visit includes bilateral engagements to strengthen trade and investment cooperation and to advance implementation following the first anniversary of the India UAE Comprehensive Economic Partnership Agreement (CEPA).