Dubai – Mubasher: The UAE and India announced the launch of the Business Leaders Forum (BLF) to enhance economic co-operation and investments between both countries, WAM news agency reported.
The forum will facilitate the formation of investment consortium worth AED 1 billion ($272 million), according to President of BLF Azad Moopen.
India Trade and Exhibition Centre (ITEC) will be the official secretariat for the forum.
Both countries had agreed earlier on plans to develop a medium- and long-term strategy for increasing bilateral trade by 60% over the coming five years.
