The Indian Business and Professional Council (IBPC Dubai) recently announced that former Indian President Ram Nath Kovind will be the chief guest at their 22nd Anniversary Conclave on April 25. This event aims to strengthen ties between India and the UAE, opening doors for Indian businesses and professionals to thrive in the UAE market.
The conclave will set the stage for discussions on important topics like policy advocacy and the digital economy. Experts suggest that enhancing collaboration in these areas can significantly benefit both nations. According to a recent survey by the World Bank, digital trade could boost economies by up to $25 trillion globally by 2026, highlighting the importance of efficient digital transactions.
One significant focus will be on cross-border transactions in local currency. This could simplify trade between India and the UAE, making it more efficient and accessible for entrepreneurs. Additionally, the IBPC plans to launch the "Viksit Bharat" series to promote investments in various Indian states, including Uttar Pradesh, Madhya Pradesh, Kerala, Assam, Gujarat, and Goa. This initiative aims to draw global investors, especially in sectors like tourism and sustainable development.
IBPC Chairman Siddharth Balachandran expressed excitement about having Ram Nath Kovind present. He noted that the former President’s leadership has greatly enhanced India’s global standing. The conclave’s discussions will align with India’s development goals and the UAE’s Vision 2030.
User reactions on social media have been positive, with many expressing hope for increased collaboration between the two nations. As the event approaches, experts in finance and trade expect that the initiatives announced will have a lasting impact on international business dynamics.
This event marks a pivotal moment for IBPC Dubai, as it aims to drive initiatives that foster growth and innovation in India while promoting sustainable trade. Looking forward, IBPC will continue to advocate for policies that benefit both nations, especially in the rapidly evolving digital landscape.
For more insights into international trade and policy, check out the World Bank’s e-commerce report.
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Source linkDubai, India, Ram Nath Kovind, United Arab Emirates
