3. Topics of discussion About U.A.E. in brief India-U.A.E. bilateral relations Bilateral Treaties Economic Relations Business Environment in U.A.E. Defense Relations The Future
4. About U.A.E. in brief Capital City : Abu Dhabi Largest City : Dubai Population : 8,132,491 (94th in the world) GDP (2010) : 239.56 billion USD Per Capita : US$49,995 HDI : 0.815 (32ndin the world) Currency : Dirham = 12.3 INR Indians numbering about 2 million are employed in the U.A.E. economy
5. India-U.A.E. bilateral relations India as import partner : 10% of U.A.E.’s import Cotton accessories Gems and jewelry Man-made yarn and fabrics Marine products Machinery and instruments Plastic and linoleum Tea
6. India-U.A.E. bilateral relations India as export partner : 4.8% of U.A.E.’s export Pearl and precious/semi-precious stones ; Gold Pulp and paper waste Sulphur and unroasted iron pyrites Metal scrap Organic and inorganic chemicals
9. Bilateral Treaties Cultural Cooperation Agreement Double Taxation Avoidance Agreement Agreement to Combat Trafficking in Narcotic Drugs and Psychotropic Substances Agreement for establishing air services between and beyond their respective territories Extradition Treaty : Agreement on Mutual Legal Assistance in Civil and Criminal Matters, Judicial Commissions and Execution of Judgments
10. Bilateral Treaties Agreement between Press Trust of India and Emirates News Agency for mutual professional cooperation Defense Cooperation Agreement MoU on Manpower Sourcing MoU for Cooperation between Indian Council of World Affairs (ICWA)and Emirates Centre for Strategic Studies and Research (ECSSR) MoU between Securities and Exchange Board of India and Emirates Securities and Commodities Authority for Assistance and Mutual Cooperation on the Exchange of Information
27. Business Environment in U.A.E. No Corporate Tax and Income Tax No Personal Income Tax No foreign exchange controls 100% repatriation of capital and profits 11 ports and 6 international airports Dubai Internet city - Oracle, IBM, HP, Cisco Dubai media city - bridge to the future, linking the GCC (Gulf Cooperation Council) countries and to the other nations of the world
28. Business Environment in U.A.E. Booming Sectors in U.A.E. Telecom Electronic Goods Food and Beverage sector Oil and Gas Real Estate Gold and Ornaments
29. Defense Relations India has been training U.A.E. defense personnel in various disciplines at its specialized institutions. India is participating regularly in all international defense exhibitions (IDEX) organized by the General Exhibitions Corporation of the U.A.E. An Agreement on Joint Defense Cooperation was signed by the two sides during June 2003. There was agreement that the 'Strategic Dialogue' would be held annually.
34. The Future Recent visit : The president of India visited U.A.E. from 21st to 25th November 2010 Agreement on security cooperation, counter-terrorism and maritime security Specific proposals focusing on education, science and technology and regional security An important area of cooperation, food security U.A.E. to invest in projects for enhancing agricultural production in India, especially in the area of food processing Labor welfare
35. The Future U.A.E. to participate in activities in the petroleum sector to strengthen India's energy security, as well as in the infrastructure sector, including in the Railways. Simultaneously, the U.A.E. assured India that it would back New Delhi's efforts for a permanent seat in the United Nations Security Council. India-U.A.E. relations have been traditionally warm and friendly and based on continuity, trust and confidence without any irritants. This is likely to continue.
