The decision comes within the framework of the
long-term strategic partnership between the UAE and India, the promotion of
political, economic and trade interests between the two countries. This
decision strengthens the UAE's external relations by facilitating the visa
issuance process in order to confirm its global status as a tourist and
economic hub.
Under the new move, ordinary passport holders
from India who have a US visa or green card with a minimum six-month validity
can enter the country from any point of entry for a period of 14 days, with an
option for a one-time extension of the same period.
India is the UAE's second largest partner, and
trade between the two countries reach $60 billion a year, with UAE exports to
India amounting to $27 billion a year, while India exports to the UAE is valued
at $33 billion.
India invests around $70 billion in the UAE via
its 45,000 Indian companies, while the UAE invests around $10 billion in the
energy, metallurgical, service, technology and construction sectors in India.
There are also a number of joint ventures and investments by UAE companies in
India such as the Abu Dhabi Investment Authority, Abu Dhabi National Energy
Company, Emaar, and DP World, which currently operates in six major ports in
India.
There are around 143 daily flights between
cities in both countries, one flight every ten minutes, or 1000 flights per
week. The number of Indian tourists coming to the UAE in 2016 reached about 1.6
million Indian tourists, and there were about 50,000 UAE tourists who visited
India in the same year.
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