Participation of the UAE in the G20 summit is a testament to the depth of the strong strategic and historical relations with India, Dr. Abdul Nasser Al Shaali, UAE Ambassador to India, said in a statement.
He highlighted the significance of the UAE's participation in the Group of 20 (G20) Leaders' Summit, which kicked off today in New Delhi and will run for two days.
Dr. Al Shaali noted that the UAE's participation as a guest of honour for the second conductive year and the third time since 2020 reflects the country's firm commitment to boosting multilateral cooperation and achieving global priorities in all sectors.
Asked about the importance of the Indian Prime Minister's recent visit to the UAE, he said that such high-level bilateral visits provide additional momentum to the growth of bilateral ties across all fields and boost UAE-India cooperation, serving the mutual interests of both countries.
The signing of the Comprehensive Economic Partnership Agreement (CEPA) between the UAE and India has contributed to raising their overall trade exchange to over US$80 billion (AED 293.84 billion) and non-oil trade to over US$50 billion (AED 183.65 billion), the UAE Ambassador explained, noting that the country's investments in various sectors in India have also increased.
Dr. Al Shaali noted that the UAE supports India's agenda and strategy while hosting the G20 summit and stands behind it in all G20 meetings held this year. He reiterated the UAE's commitment to actively contributing to the G20 process during India's presidency, focusing on priority issues like climate change, energy and food security, women empowerment and healthcare.
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