India and UAE reiterate commitment to achieve goal of 100bn of bilateral trade in next 5 yrs

Sakshi Education

India and UAE have reiterated their commitment to achieving the goal of 100 billion US dollars of bilateral trade in the next five years. Both countries have also noted the possibility of linking instant payment platforms, such as through the United Payment Interface of India.
These issues were discussed in the 14th India-UAE Joint Commission Meeting which was co-chaired by External Affairs Minister Dr. S. Jaishankar and Foreign Minister of UAE Sheikh Abdulla bin Zayed Al Nahyan in Abu Dhabi .
Two MoUs were signed between both sides in the presence of the Ministers. One MoU was signed between the Wildlife Institute of India and the International Fund for Houbara Conservation for the Conservation of the Great Indian Bustard and the Lesser Florican.
Another MoU was signed between the Ministry of Foreign Affairs and International Cooperation of UAE and the Indian Council for Cultural Relations on the establishment of the India-UAE Cultural Council Forum.

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