and 2 nd Edition 8 Supported by In association with Brought to you by ET 27NOVEMBER 2018 Grand Hyatt Abu Dhabi Hotel and Residences Emirates Pearl
Under the Patronage and Presence of HIS EXCELLENCY SHEIKH NAHAYAN MABARAK AL NAHAYAN Cabinet Member and Minister of Tolerance THE RELATIONSHIP OVER THE YEARS Relations between India and UAE are have constantly expanded with four high-level visits between the two countries in the last three years. Both governments have sped up the process to transform the ties between India and the UAE from just a buyer-seller relationship into a strategic alliance. The initial momentum to elevate the bilateral relations came from the comprehensive strategic partnership, signed between H.E. Al Nahyan and Prime Minister Modi. India depends on the UAE for its vast reserves of oil. An important area for improvement is the inability of both sides to facilitate greater investment in projects in India. There has been very little movement on the $75 billion UAE-India infrastructure investment fund established during Prime Minister s visit to the UAE in 2015. India stands to gain much by tapping into the vast reserves of foreign exchange the UAE possesses to propel industrial growth and facilitate infrastructure building. Both the UAE and India are redefining their positions on the world stage. The UAE is raising its eyes to look beyond Europe and the U.S., reaffirming its commitment to deeper bilateral economic ties and to signal support for India, an economic and demographic powerhouse in Asia, whilst India is seeking to transform its economic growth, into sustainable growth in order to capitalize on its dominance.
UNVEILING OF THE COFFEE TABLE BOOKS GUEST OF HONOUR NAVDEEP SINGH SURI High Commissioner of India to UAE CHAIR DR. TAYEB KAMALI Chairman Emirates Driving Company
Key highlights in the INDIA UAE TRADE relations and things to look forward to TOP TRADE SECTORS BETWEEN INDIA-UAE FINANCE AND BANKING MANUFACTURING TOURISM & HOSPITALITY AGRIBUSINESS INDIA REMAINS UAE S LEADING TRADING PARTNER, WITH THE VALUE OF TRADE EXCHANGES TO HIT $100 BILLION IN 2020 TOTAL UAE-INDIA TRADE IS WORTH ALMOST $53 BILLION A YEAR, AND HAS INCREASED SIGNIFICANTLY SINCE 2000. BOTH THE COUNTRIES AIM TO INCREASE IT BY 60% OVER THE NEXT FIVE YEARS UAE S IS HOME TO 3.3 MILLION WORKING INDIANS, MAKING THEM THE LARGEST IMMIGRANT COMMUNITY. INDIAN MIGRANT WORKERS SENT BACK 14.64 BILLION EMIRATI DIRHAMS DURING THE SECOND QUARTER OF 2017-18, WHICH TRANSLATES TO MORE THAN RS 25 BILLION THE PROPOSED GCC- INDIA FREE TRADE AGREEMENT WILL INCREASE THE TRADE AND INVESTMENTS SIGNIFICANTLY THE UAE AND INDIA HAVE REACHED AN AGREEMENT THAT WILL ENABLE BUSINESSES IN BOTH COUNTRIES TO BYPASS THE DOLLAR AND OTHER FOREIGN CURRENCIES AND TRADE DIRECTLY IN DIRHAMS OR RUPEES INFRASTRUCTURE & LOGISTICS ENERGY & MINING IT & TELECOMMUNICATIONS HEALTHCARE & PHARMACEUTICALS REAL ESTATE & PROPERTY DEFENSE
THE INDIA UAE STRATEGIC CONCLAVE 2017 The conclave last year brought government and business leaders together and explored the potential of bilateral and business ties between both the countries. It was organized under the aegis of H.E. Sheikh Nahyan bin Mubarak Al Nahyan, then UAE Minister of Culture and Knowledge Development. Participants deliberated over vital issues pertaining to speeding and expediting the investment mechanism in India. UAE investors also showed interest in specific sectors in India, especially in the Tier 1 and 2 cities. Sharaf noted that there is $35.8 billion non-oil trade and $6.9 billion oil trade in 2016 between the two countries. With this volume of bilateral trade, India remains as the second largest market for the UAE s oil and non-oil exports, while the UAE represents the second largest market for Indian goods worldwide. There has never been a better time to expand the business connections links between India and the UAE. There are enormous Indian investments in to the UAE. The business fraternity in both India and UAE are looking forward more investments from UAE into India. The inaugural conclave laid the foundation of a very important platform for bilateral trade discussions between the two regional powerhouses and the second edition will take stock of the developments during the past year and deliberate on the future of this very important relationship. 2 nd Edition The 2 nd edition of India UAE Strategic Conclave will further the vision of the inaugural edition by identifying key areas for more investment flows between India and UAE. The daylong conference will also identify new rewarding sectors in order to widen the scope of bilateral investments. Key business leaders and senior government officials will come together to lay the blueprint for greater economic cooperation between the two countries and explore the economic gains through boosting both the countries status as major trade hubs and key gateways to regional and international markets. The current volatility in global economy calls for tangible actions on milestones achieved between the two countries in last few years. It is time for the insightful leadership discussions to be converted into economic gains for all. The conclave this year will not just deliberate on pressing bilateral business issues, but also be the voice for a new set of industries which have come up as a result of the diversification drive in UAE and consolidation and expansion vision of a resurgent India. 8 PROGRAMME SCHEDULE 09.30 10.30 REGISTRATION 10.30-11.30 PLENARY SESSION WELCOME ADDRESS THE ECONOMIC TIMES OPENING REMARKS - STRENGTHENING AGE OLD INDIA - UAE TIES THROUGH A FRESH APPROACH H.E NAVDEEP SURI, Indian High Commissioner to the UAE ADDRESS BY SHARAFUDDIN SHARAF, Chairman, UIBC & Vice Chairman, Sharaf Group OPENING KEYNOTE ADDRESS - THE CHIEF GUEST H.H SHEIKH NAHAYAN MABARAK AL NAHAYAN, Cabinet Member and Minister of Tolerance SPECIAL ADDERESS - H. E ABDULLA AL SALEH is Under Secretary of the Foreign Trade and Industry at the UAE Ministry of Economy 11.30-11.45 NETWORKING TEA/ COFFEE BREAK 11.45 12.30 12.30-12.45 THE REALITY OF REALTY ACROSS BORDERS INVESTMENT PERSPECTIVE OPPORTUNITIES AND THREATS ACROSS BORDERS COMPETITION AND LOCAL ACCEPTANCE PAPER WORK HURDLES AVAILABILITY OF RESOURCES UNVEILING OF THE COFFEE TABLE BOOK THE ECONOMIC TIMES BEST REALTY BRANDS AND FELICITATION OF LISTED BRANDS 12.45 13.30 SESSION ON UAE-INDIA BILATERAL TRADE (NON-OIL BASED) 12.45-13.30 INTERACTIVE PANEL DISCUSSION: COMMON ECONOMIC OBJECTIVES ENCOURAGING TRADE AND LONG TERM STRATEGY FOR ENHANCING NON-OIL TRADE GLOBAL DECLINE IN OIL PRICES HAS MOTIVATED THE GULF ECONOMIES TO MOVE BEYOND ENERGY AND CONCENTRATE ON NON-OIL TRADE GROWTH AND FISCAL CONSOLIDATION ANKUR SINGH, CEO, Vice Chairman, Dana Group of Companies DR B. R. SHETTY, Founder and chairman, NMC Healthcare RAJIV AGARWAL, CEO & Managing Director, Essar Ports ABDULLA AJMAL, Deputy COO, Ajmal Perfumes
PROGRAMME SCHEDULE 13.30 14.15 NETWORKING LUNCH 16.10-17.00 UAE INDIA COLLABURATION ON OIL AND FOOD SECURITY 14.15 14.30 14.30-14.45 SPECIAL CASE STUDY CASE STUDY FROM A SUCCESSFUL UAE INFRASTRUCTURE INVESTMENT INTO INDIA THE LESSONS LEARNT AND WHAT WENT RIGHT IGNITE TALKS: FRESH IDEAS FOR THE STRATEGIC TIES There are three relatively new areas for bilateral cooperation that have the potential to provide long-term benefits to the two countries and the wider region. The UAE imports nearly 90 per cent of its food requirements. Hence, it attaches the highest priority to its long-term food security interests. Economic connectivity across the Indian Ocean region, including energy, trade, investments and human resources, are already substantial. However, given its long-term interests, crucially linked with its energy security, economic well-being, its logistical links to Afghanistan and Central Asia and the welfare of its eight million-strong community, India has every incentive to pursue diplomatic initiatives that could contribute to promoting stability in the region 16.10-16.25 16.25-16.40 INDIA S ROLE IN UAE S PUSH FOR ENSURING FOOD SECURITY THE ERA OF ECONOMIC OPENNESS AND ITS IMPACT ON BILATERAL RELATIONS ROBUST MECHANISMS FOR PROMOTING FDI LOOKING BEYOND EXISTING ECONOMIC BLOCKS AND MAKING SENSE OF NEW ALIGNMENTS SPECIAL KEYNOTE ADDRESS ROLE OF UAE IN THIRSTING INDIA S QUENCH FOR ENERGY THE SIGNIFICANCE OF WORLD S 3RD LARGEST OIL IMPORTER AND 5TH LARGEST EXPORTER COMING TOGETHER H.E. DR. MATAR AL NEYADI, Undersecretary, Ministry of Energy 14.45-15.05 LABEL CHAT: BRAND IT OR LOSE IT BREAK THE FETTERS VS JOIN THE WAR In a sea of competition, what makes a brand solving the problems by creating wished products and services similar to platform like TrainMe app bring gym home or by creating similar but competing products like PuroSalt. What makes a brand to live 16.40 17.30 PARALLEL FOCUSED BREAKOUT SESSIONS Education Healthcare Remittances Technology Defense and Aerospace Infrastructure 15.20-16.10 SESSION ON INDIA - UAE COLLABORATION ON REGIONAL SECURITY, SPACE AND FUTURISTIC TECHNOLOGIES 15.20-15.40 FIRE SIDE CHAT : THE INDIA UAE DEFENCE AND SPACE COLLABORATION THE SUCCESS OF INDIA UAE TIE UP FOR THE LAUNCH OF UAE SATELLITES ENHANCED MARITIME COOPERATION THROUGH JOINT EXERCISES OPPORTUNITIES FROM THE DEFENCE CORPORATION FRAMEWORK BETWEEN INDIA AND UAE H. E DR. ENG. MOHAMMED ALAHBABI - Director General - UAE Space Agency WHO WILL ATTEND Ministers, Vice Ministers, Governors, Mayors, Chairmen, Director Generals, CEOs, Managing Directors, Heads, General Managers, Investors, Businessmen, C Level Participants from Private Sector, Entrepreneurs, Advisors, Specialists from: 15.40-15.55 BLOCKCHAIN, AI AND ANALYTICS - THE THREE NEW PILLARS FOR ENHANCED TECHNOLOGICAL COOPERATION BETWEEN INDIA & UAE Ministries and Government Departments SWF, Pension and Investment Funds, Family offices 15.55-16.10 INSPIRATIONAL AND OUT OF THE BOX INNOVATION FOR SOLVING PRESSING CHALLENGES - THE UAE ICEBERG PROJECT AND LESSONS IN INDIA FOR PRUDENT WATER SECURITY ABDULLA ALSHEHI, Managing Director & Chief Consultant & Founder, National Advisor Bureau Investment Promotion Agencies Chambers of Commerce and Industry & Business Councils Industrial and Economic Zones Insurance, Risk and Credit Rating Companies Financial and Legal Consultancy Firms Startups, Incubators and Special Programs Banking and Financial Institutions
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