The United Arab Emirates on Wednesday pitched for resumption of its regular flight companies with India, saying such a step will assist in checking the escalating price of journey and tackle difficulties being confronted by travellers.
Ambassador of the UAE to India Ahmed Albanna additionally mentioned that the 2 international locations are transferring ahead to agency up a complete financial partnership settlement by the primary half of subsequent 12 months that’s anticipated to considerably increase commerce and funding ties.
At a media interplay, the envoy, referring to the newly fashioned grouping of India, the US, the UAE and Israel, mentioned preparations are on to carry a ministerial assembly among the many 4 associate international locations.
Albanna mentioned the overseas ministers of the 4 international locations will quickly announce the “track” and areas of cooperation of the grouping.
“It is an economic block focusing on business and trade,” he mentioned.
The ambassador strongly favoured the resumption of regular air companies between India and the UAE, noting that the present quantity of site visitors underneath the air bubble association is simply 30 per cent of the conventional passenger load.
“Returning to normal air services will help in bringing down escalating prices of air tickets. Overall, it will address the difficulties being faced by people on both sides,” he mentioned.
The ambassador additionally mentioned his authorities had requested India to elevate the journey restrictions to the UAE in view of the continued Dubai Expo, and added that there was no response to it but.
Asked about India’s issues over escalating crude oil costs, he mentioned the Organisation of the Petroleum Exporting Countries (OPEC) and OPEC-plus international locations are accountable to include the hike within the costs.
India on Tuesday introduced that it’s going to launch 5 million barrels of crude oil from its emergency stockpile in tandem with the US, China, Japan, and different main economies to chill worldwide oil costs.
Albanna additionally gave an summary of the UAE’s achievements in various fields within the final 5 a long time and mentioned renewable vitality, data know-how, training and healthcare shall be amongst key focus areas for the subsequent 50 years.
“We are in close cooperation with India in areas of artificial intelligence, IT among others apart from cooperation in traditional areas of oil and gas,” he mentioned.
The ambassador mentioned UAE President Sheikh Khalifa bin Zayed Al Nahyan, introduced 2021 because the ‘Year of the fiftieth’ to commemorate 50 years of the UAE’s formation in 1971.
“From 6 April 2021 until 31 March 2022, the UAE will celebrate its remarkable journey over the last 50 years and begin preparing for the next 50,” he mentioned.
He mentioned the UAE has emerged as one of many fastest-growing economies worldwide and that it has witnessed spectacular financial and concrete revolutions.
Listing numerous accomplishments of the UAE, the ambassador mentioned ladies within the nation right this moment represent an important a part of its workforce and actively contribute to the nation’s development and improvement.
He mentioned ladies represent 60 per cent of the UAE’s workforce and even 30 per cent of the ambassadorial positions are being held by ladies. “The role of women in the UAE is increasing as a major focus has been given on gender equality,” he mentioned.