The Head of the Federation of Arab Chambers, HE Al Ain Nael Raja Al-Kabariti, headed a delegation comprising the General Coordinator of the Joint Chambers Abdul Aziz Al-Makhlafi and the Director of Common Rooms Affairs Hoda Kashtan visited the Indian capital New Delhi on 6/7/2017, where he met with a number of official figures On Arab-Indian trade relations. The delegation was accompanied by the mission of the League of Arab States in New Delhi, Dr. Mazen Masoudi.
During the visit, President Kabariti met with HE Minister of Finance SNTOSH GANGWAR, HE Minister of Maritime Transport, Highway and Chemicals MANSUKH MANDAVIYA, Assistant Foreign Minister of India, a representative of the Ministry of Commerce responsible for the Arab-Indian file and representatives of Indian Chambers.
He met with the Arab Ambassadors in India. President Kabariti also had a meeting with businessmen from the Arab and Indian sides.
During his meeting with Indian Finance Minister SNTOSH GANGWAR, the President stressed the importance of building bridges of communication between India and the Arab countries, pointing out the role played by the Union of Arab Chambers in cooperation with the League of Arab States in strengthening cooperation and strengthening Arab-Indian economic and trade relations. Pointing out that "the volume of Arab-Indian trade exchange reaches 200 billion US dollars, and we hope to increase this figure in the next phase, in order to serve the common interests."
He pointed out that "the visit to India is part of the acceleration of the process of establishing the Chamber in accordance with the principles and foundations adopted by the League of Arab States and the Federation of Arab Chambers for the establishment of common rooms "There are many areas of cooperation between India and the Arab world, and the presence of a joint Arab-Indian chamber that will expand the horizons of economic cooperation in many areas, both in the financial sector through a partnership between Arab financial institutions and the Central Bank of India, In the health and tourism sector, in the education and training sector as well as in the insurance sector and other important sectors and sectors. "He stressed that" the time is right to push forward the Arab-Indian economic relations, - Indian, in addition to the organization of economic meetings bringing together Arab and Indian businessmen, reviving the spice route that existed since ancient times between the Arab countries and India.
For his part, Indian Finance Minister SNTOSH GANGWAR pointed out that "India has been witnessing a serious change since 2014 with the formation of a new government headed by Narendra Modi, who is working hard to strengthen external relations, especially with the Arab world," stressing that "the presence of an Arab-Indian room is important We strongly encourage and approve its establishment and will make efforts to achieve this in the near future. "
"We have excellent relations with the mission of the League of Arab States in India as well as with ambassadors and representatives of the Arab diplomatic missions in India. There is an Indian mission to strengthen cooperation with the Arab side and always seeks to introduce the Indian products in the world. The Arab Bank through the establishment of exhibitions and bilateral meetings between the Arab and Indian businessmen, as well as that we in the Ministry of Finance Hindi aims to strengthen the Arab-Indian cooperation in the banking field, "stressing the importance of always working to remove obstacles that raise Wei and the size of the economic, commercial and investment cooperation between the Arab and Indian sides. "
Al-Kabariti stressed during his meeting with the Minister of Maritime Transport and Highways and Chemicals MANSUKH MANDAVIYA the depth of the Arab-Indian historical relations, stressing that "it is necessary to push strongly towards the establishment of the Arab-Indian Chamber and to start its work as soon as possible because of their significant impact of the Arab and Indian parties, Pointing out that "we look forward to building better future relations, especially as the areas and opportunities are great to raise the level and volume of economic and trade cooperation between the two sides," calling for "the importance of reviving the way of spices similar to the Silk Road, which rejuvenated China in recent years, "Investment in the Arab world is a worthwhile investment, particularly in light of the modernization of the investment legislation and laws," he said, calling on the Indian side to "participate and contribute strongly to the reconstruction of Arab countries destroyed by wars such as Iraq, Syria and Yemen." And Libya, especially that India has a leading experience in the logistics sector, where it manages a number of harbors and ports in the Arab region, especially in Iraq.
For his part, the Indian Transport Minister welcomed the establishment of an Arab-Indian joint chamber and expressed his approval and support for it. He said that "the establishment of the chamber promotes Arab-Indian economic relations." He stressed that "the Arab world is a strategic economic partner for the Arab world. "Pointing out that" by virtue of my duties as Minister of Transport, I can say that India has an important and prominent role in the next phase in the reconstruction of the Arab region, especially in Iraq and Syria. "There are many factors that help develop the Arab- Including the geographical location of the villages "The fields of cooperation between India and the Arab world are many and varied. The Arab world has oil, which is vital and needed by India, while India has expertise in the food, medicine, technology and infrastructure sectors. Therefore, there is an urgent need to weave And the establishment of the best relations that serve the goals and common interests, "pointing to the importance of events to introduce the experience of India's leading in these sectors.
3. During his meeting with the representatives of the diplomatic missions and the Arab ambassadors accredited to India and the ceremony held in honor of the delegation, President Kabariti stressed that all conditions are appropriate for the establishment of the Joint Chamber, including the willingness of the Indian side at the official and private levels, as well as on the Arab side Arab League and the League of Arab States have a long experience in organizing and managing common rooms. We hope that the Arab-Indian Chamber will be supported by the Council of Arab Ambassadors to carry out the services of certifying commercial documents to guarantee their success and continuity. On behalf of the Arab Chambers and the General Federation, I would like to emphasize that we will work to provide all the reasons for the success of the Chamber. As one of the functions of the Chamber is to promote mutual investment and strengthen relations and promote channels of communication between businessmen through the exchange of delegations and the establishment of exhibitions and conferences that benefit the parties, both bilateral and public level.
He concluded: "We are interested today in a partnership based on the exchange of experiences and knowledge in several areas, the most important information technology, India has made great leaps in the field of technology and information industry and programming, and the Arab world has advanced and has great innovations in this area, Arab - Indian in this sector to open new horizons for investment, trade and services between the Arab world and India and the establishment of economic partnerships that enhance the volume of trade exchange between our Arab countries and India.
For their part, the Arab Ambassadors expressed their support for the establishment of an Arab-Indian chamber to develop and strengthen economic and trade relations between the Arab countries and the Arab world.
4. The Assistant Foreign Minister of India, responsible for the Arab-Indian file, and representatives of the Ministry of Commerce and the Federation of Indian Chambers of Commerce, confirmed during their meeting with President Kabariti and the accompanying delegation their support and support for the establishment of the Arab-Indian Chamber.
The Union will follow up coordination with the League of Arab States to announce the establishment of the Chamber.
