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Finance Ministers of UAE, India discuss trade, economic ties

The UAE Minister emphasised his country's keenness to strengthen ties with India especially in financial, economic, and commercial sectors. (WAM)
  • The meeting sought to discuss means of boosting mutual cooperation between UAE and India in areas of common interest.
  • The meeting deliberated the priorities set by India in its upcoming G20 presidency and the ways the UAE can support them.

ABU DHABI, UAE – UAE Minister of State for Financial Affairs Mohamed bin Hadi Al Hussaini met with India’s Minister of Finance Nirmala Sitharaman on the sidelines of the G20 meetings in Washington.

The meeting sought to discuss means of boosting mutual cooperation between both the countries in areas of common interest.

The meeting was attended by Younis Haji Al Khoori, Under-Secretary of Ministry of Finance; and Ali Abdullah Sharafi, Assistant Under-Secretary of the International Financial Relationship Sector at the Ministry of Finance; alongside senior officials from both the countries.

During the meeting, Al Hussaini emphasised MoF’s keenness to strengthen UAE-India bilateral relations to include all areas of common interest, particularly in the financial, economic, and commercial sectors.

He also thanked India for inviting the UAE as a guest country to the G20 during India’s Presidency.

“The Ministry of Finance is keen to continue strengthening its relations with various countries, to open new horizons for cooperation in financial policy, macroeconomics, and investment. The Ministry is also keen to coordinate joint efforts in light of the unprecedented challenges and circumstances the world is facing today,” Al Hussaini said.

The meeting deliberated the priorities set by India in its upcoming G20 presidency and the ways the UAE can support them.

The meeting also discussed the inclusion and integration of the energy and climate priorities identified in the agenda of the 28th session of the Conference of the Parties (COP 28) to the United Nations Framework Convention on Climate Change (UNFCCC) in addition to other topics of common interest.