Punjab

UAE’s business proposal with Punjab is real not in papers only

UAE’s business proposal with Punjab is real not in papers only

TPE Correspondent

Chandigarh, December 7

The ease of doing business in Punjab is real and not just on paper. This was stated by leading businessmen, the UAE Ambassador and the UAE commercial Attache to India (Minister Plenipotentiary) during a panel discussion here as part of the Progressive Punjab Investors Summit on Friday.

They said that the trading links between India and UAE existed since long, and UAE was the third largest business partner of India, with Punjab having the most obvious hunger to attract investment.

UAE commercial Attache to India (Minister Plenipotentiary), Ahmad Sultan Al Falahi talked about the transformation in the industrial policies in Punjab. He said that the growing Indo-UAE economic and commercial relations contribute valuable stability and strength to bilateral relationship between the two countries.

B.S. Kohli, Advisor of Punjab Bureau of Investment and Promotion, was moderator during the panel discussion. He said that UAE enjoys a broad and comprehensive economic relationship with India, based on mutual interest. UAE is one of the major export destinations for Punjab. It is the top importer of Textiles and Textile articles from Punjab also a significant importer of food products from the state, he said.

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