With a move to strengthen the India-UAE economic ties, the
Confederation of Indian Industry has signed a Memorandum of
Understanding which will boost trade between the 2 nations.
Key points
- The MoU signed between CII and Dubai exports will simplify the export process between the countries
- It will also help in removing impediments such as taxation, custom regulations, Visas etc
- It is seen as trade gateway between the West and East
- It will improve the growth opportunities for both nations in a long term basis and also explore the wide range of business options
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