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UAE, India finance ministers discuss ways to boost bilateral cooperation

The two sides also deliberated on the priorities set by India in its upcoming G20 presidency and the ways the UAE can support them

The UAE and India discussed various means of boosting mutual cooperation between both countries in areas of common interest.

At a meeting between Mohamed bin Hadi Al Hussaini, minister of state for financial affairs, and Nirmala Sitharaman, India’s minister of finance and corporate affairs, on Sunday, the two sides also deliberated on the priorities set by India in its upcoming G20 Presidency and the ways the UAE can support these priorities.

The meeting was held on the sidelines of the G20 meetings in Washington.

During the meeting, Al Hussaini emphasised UAE’s keenness to strengthen 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 the India Presidency, and reiterated that the Emirates’ supports the priorities set by India’s forthcoming G20 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.

UAE India finance ministers meeting Washington

“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 also discussed the inclusion and integration of the energy and climate priorities identified in the agenda of the 28th session of the UN-promoted Conference of the Parties (COP28).

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Abdul Rawuf

Abdul Rawuf