ABOUT US
Be Involved in
Worldwide Commerce
UAE Trade Commission is an autonomous association with the responsibility to strengthen bilateral trade and commerce between India and UAE. It aims to facilitate partnerships between businesses of both nations and to offer them a cooperative business ecosystem with a wide spectrum of growth & development and supporting long-term commercial partnerships for developing strategic relationships between government officials from both the countries.
UAE Trade Commission acts towards promoting investment and business collaborations between UAE and Indian businesses by organizing B2B networking meetings, policy forums and investment focused events, delegations, and other facilities required to succeed.
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Trade and Investments Embrace global business
opportunities
In the recent years, the commercial relationship between the UAE and India has matured significantly. With robust flow of investments and an annual bilateral trade of about $60 billion, the UAE is India’s third-largest trade partner for the year 2018-19 after China and US. Moreover, UAE is the second largest export destination of India (after US) with an amount of over US$ 30 billion for the year 2018-19.
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RELATIONS
Business & Political Relations
Between INDIA and UAE
The economic and commercial cooperation between the UAE and India has been the cornerstone of the strong bilateral relationship. Trade and economic engagement between the countries now valued at US $ 60 billion, reflects the evolution of the strategic partnership. Being among the top trading partners for each other, ties are being further strengthened through diversifying non-oil trade.
There is strong political commitment at the highest level on both sides to expand ties in the areas of trade and investments, as well as boost cooperation in new areas of energy security, food security, defence and security, IT/ ITeS and space.
Hon. Mohammed Haris Kalandan
Trade Commissioner (UAE)
Mr. K Mohammed Haris is the Managing Director and CEO of Mukka Proteins Limited. A Commerce Graduate with over 25 years of experience in leadership roles responsible for developing vision of the company by strengthening business performance through strategic roadmaps, innovative solutions, improved operating stability, expansions, acquisitions and efficiency. His Visionary Leadership and commitment towards Commodities Market has led spearheading the growth mantle of Mukka Proteins Limited across the globe. He is also the founding member of Indian Fish Meal and Fish Oil Exporters Association ( IFAFEA).
Snapshot of Investments between INDIA & UAE
Investing in transformative
technologies that revolutionize
industries.
The UAE’s investment in India is estimated to be around US $ 20-21 billion of which US 15.18 billion is in the form of FDI while the remaining is portfolio investment. UAE is the 7th biggest investor in India in terms of FDI. Abu Dhabi Investment Authority is the principle sovereign wealth fund of the UAE and one of the world’s largest. ADIA has committed to invest US $ 75 billion in India’s infrastructure sector and US $7 billion in India's food sector in the next three years.
Why Invest in UAE 
Stable Economy
UAE has a stable and diverse economy that is less dependent on oil than other countries in the region. The city's government has diversified its investments into sectors like real estate, tourism, and finance, making it less susceptible to fluctuations in oil prices.
Logistics Hub
UAE strategic location makes it an ideal hub for trade and commerce between Asia, Europe, and Africa. This has led to the growth of various sectors like logistics, shipping, and finance.
Security
UAE is a very safe place to live and invest. The crime rate is low, and the government takes security very seriously
Tax-free market
UAE is a tax-free market, with no personal income tax or capital gains tax. This makes it an attractive location for entrepreneurs and investors.
Human rights laws
UAE has a modern legal system that is based on the principles of transparency and fairness. The government has introduced several laws to protect human rights, which has helped to attract investors from all over the world.
High return on investment
UAE real estate market has historically delivered high returns on investment. The city is experiencing a surge in new construction projects, which has increased demand for property and resulted in significant capital gains.
Great infrastructure
UAE has world-class infrastructure, including a modern transportation system, state-of-the-art healthcare facilities, and excellent educational institutions. This makes it an attractive destination for both investors and expatriates.
Recent Trends & Development
India and UAE signed the landmark Comprehensive Economic Partnership Agreement (CEPA) on February 18, 2022, during the India-UAE Virtual Summit.
This deal could help increase bilateral trade to about US$ 100 billion in the next five years.
Indian exporters facing increased competition will stand to benefit under the CEPA. About 90% of the products exported and 80% of lines of trade will attract zero duty
Sectors that have the potential for bilateral trade and investments include gems and jewellery, pharmaceutical and medical devices, food production, security, technology startups, and AI, education, financial markets/services, advanced technology, aviation, defense, infrastructure development, oil and gas, and renewables.
UAE is the 7th largest investor in India with cumulative FDI inflows of US$ 15,179 million from April 2000 – September 2022.
The UAE is financially supporting India’s energy transition programme, which aims at generating 500 GW of renewable energy by 2030.
Abu Dhabi has invested over US$ 6 billion in big-ticket investments in the Jio platform, Adani, Tata Motors, and Tata Power.
Under I2U2 both countries are discussing an investment of US$ 2 billion from the UAE to develop food corridors in India and another US$ 300 million for building a 300 GW hybrid (wind and solar) power plant.
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