Statement: Dr. Azad Moopen, Founder Chairman & Managing Director, Aster DM Healthcare

“It is remarkable to see the bilateral trade between India and UAE cross the historic $85 billion mark, with a 20% growth since the signing of CEPA last year. The agreement signed in the meeting between Prime Minister Shri Narendra Modi and President of UAE HH Sheikh Mohamed bin Zayed Al Nahyan to conduct trade between the two countries in local currencies is set to exponentially increase growth across key sectors.

The impact could be significant in energy, fintech, defence, healthcare, education etc. and will enable knowledge sharing, innovation and start-up ecosystem while further supporting businesses which have a strong presence in India as well as UAE.  Aster with its major presence in India and UAE shall be a beneficiary of this. It is also encouraging to see India’s support to UAE’s COP28 Presidency and sustainable development goals through Mission Life.”