Pune (P&V news Service): The Comprehensive Economic Cooperation Agreement (CEPA) signed by India and the UAE is an important milestone in trade relations between the two countries. The CEPA covers a wide array of gains and provides opportunities for businesses in both economies for not only boosting bilateral trade but also for two-way investment flows. In line with this, ASSOCHAM organized One to One Meetings between delegates from Sharjah Airport International Free Zone and ASSOCHAM Members from Pune to discuss the benefits of India-UAE CEPA & various business opportunities in UAE
More than 40 companies attended these meetings, held at Hotel Blue Diamond. The participants were happy to know the details of India-UAE CEPA, its benefits, export opportunities etc. They also applauded the exceptional package that SAIF Zone offers to set up companies in the Zone
Mr. Al Muttawa, Manager Sales, SAIF Zone said, “There is a significant demand for Indian Products in UAE and in GCC markets and Indian exporters must utilise this opportunity. Following the FTA, UAE will emerge as a major re-export centre. There are many promising opportunities and incentives in SAIF Zone for Indian companies that an investor can enjoy.”
Mr. Umesh Kamble, Co-Chairman, ASSOCHAM Maharashtra, said, “For Indian businesses looking at the markets in the Middle East, North Africa and Central Asia, Sharjah Airport International Free (SAIF) Zone) could be launching pad. There are lot of synergies between Pune Based industries and UAE. This is one of the reasons to organize meetings in Pune so that we can increase the awareness among the industrialists and to give all the help to set up their business on the global level.”
