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Key Points

India and the UAE have agreed to jointly develop infrastructure projects in third countries, particularly in mining and housing sectors. Union Minister Piyush Goyal emphasized that both nations support each other rather than compete. The partnership leverages India's technological capabilities and skilled youth with UAE's investment power. Both countries also identified textiles, fisheries, and pharmaceuticals for expanded trade cooperation.

Key Points: India UAE Joint Infrastructure Projects in Third Countries Goyal

  • Joint infrastructure projects focus on mining and housing sectors in third countries
  • India contributes technology skills and youth workforce capabilities
  • UAE provides investment power and financial resources for projects
  • Trade expansion targeted in textiles fisheries and pharmaceuticals sectors
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UAE and India can jointly develop infrastructure projects in third countries: Union Minister Piyush Goyal

Piyush Goyal announces India and UAE will jointly develop mining and housing infrastructure in third countries, leveraging Indian tech and UAE investment power.

"A significant decision was made during today's discussions: the UAE and India can jointly develop infrastructure projects in third countries, mining, and housing. - Piyush Goyal"

Abu Dhabi, September 18

India and the UAE are strengthening their economic partnership, with Union Minister Piyush Goyal highlighting the collaborative spirit between the two nations at the 13th meeting of the UAE-India High-Level Joint Task Force on Investments.

Speaking in Abu Dhabi, Goyal emphasised that there's no competition between India and the UAE, rather a mutual support system fostering growth.

Goyal announced a significant decision, allowing India and the UAE to jointly develop infrastructure projects in third countries, with a focus on mining and housing. This initiative leverages India's technological capabilities, skilled youth, and the UAE's investment prowess, opening new avenues for collaboration.

Union Minister Goyal said, "A significant decision was made during today's discussions: the UAE and India can jointly develop infrastructure projects in third countries, mining, and housing. India has the capability in these fields, technology, skills, and youth. The UAE has the investment power. Together, many new possibilities open up. We discussed the potential for further collaboration on this front. We discussed the possibilities, and we will further develop them."

He also shared that the two partners have selected several areas for trade expansion, namely textiles, fisheries, and pharmaceuticals.

He said, "There's no competition between our two countries. We support each other. We've selected some areas this time to focus on expanding trade. One is the textile sector. Textiles, home decor, and the entire chain. One is the fisheries sector, leather and leather goods, food processing, and pharmaceuticals."

Union Minister Piyush Goyal co-chaired the 13th meeting of the UAE-India High-Level Joint Task Force on Investments, along with Hamed bin Zayed Al Nahyan, Managing Director of ADIA in Abu Dhabi.

The India-UAE Comprehensive Strategic Partnership continues to expand across trade, technology, energy, defence, and food security, with both sides now pushing for the next growth leap.

UAE remains one of India's most important strategic partners. Their Comprehensive Strategic Partnership is underpinned by deep political engagement, robust economic integration, and collaboration across energy, defence, technology, and food security.

Earlier, the UAE-India Comprehensive Economic Partnership Agreement (CEPA) Council launched the Start-up Series, which attracted applications from more than 10,000 Indian entrepreneurs in just 50 days, highlighting the programme's role in accelerating the globalisation of homegrown Indian ventures.

- ANI

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Reader Comments

P
Priya S
Finally some positive foreign policy news! Our skilled youth getting international opportunities through such partnerships is exactly what India needs. More power to our engineers and technicians!
M
Michael C
As someone working in infrastructure development, this makes perfect sense. India has the execution capability while UAE brings the capital. Hope this creates quality projects that benefit all parties involved.
A
Ananya R
While this sounds promising, I hope the government ensures that Indian workers get fair wages and proper working conditions in these third-country projects. Sometimes our labor gets exploited in foreign projects.
V
Vikram M
UAE has been a reliable partner for India. This collaboration can help counter Chinese influence in infrastructure projects across Asia and Africa. Smart diplomatic move!
S
Sarah B
The focus on textiles, fisheries and pharmaceuticals shows strategic thinking. These are sectors where India has competitive advantage. Hope this creates more employment back home.

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