DUBAI: Chief Minister Pinarayi Vijayan on Monday assured that the Kerala government would extend all possible support to investors from the public and private sectors in the UAE. The Chief Minister said this during a meeting with UAE Minister of Finance Abdulla bin Touq Al Marri in Dubai. Abdulla bin Touq Al Marri said trade cooperation between the UAE and India has improved in recent years.
"The UAE, which has overcome the challenges posed by the Covid pandemic, is developing innovative projects in the commercial and industrial sectors. 100 percent ownership law, amendment decriminalising bounced cheque cases, and long-term visas have made the UAE one of the best business-friendly countries. About 2 lakh new jobs are going to be created. It will be of great benefit to Indians, including Keralites," the UAE minister said.
The Chief Minister pointed out that there is a historic relationship between Kerala and the UAE. The UAE is the second home of many Keralites. The new rules are very useful for the traders here, including the Keralites. The decriminalisation of bounced cheque cases is an important one. Kerala has one of the best industrial climates in India," CM Pinarayi Vijayan said.
The meeting took place at the Finance Department's office on the 41st floor of the Dubai International Financial City. The Chief Minister was given a warm welcome by the UAE Minister. UAE Minister and other high officials were present in person to welcome Chief Minister Pinarayi Vijayan, India's Ambassador to the UAE Sanjay Sudheer, NORKA Vice Chairman and Abu Dhabi Chamber Vice Chairman MA Yusuff Ali.