New Delhi, Nov 17: India’s Finance Minister Arun Jaitley on Monday met his United Arab Emirates( UAE) counterpart Sheikh Hamdan Bin Rashid Al Makhtoum there.
During the meeting, both the leaders discussed issues of mutual cooperation in field of economic and trade development among others, officials here said.
Jaitley raised the issue of longer visa for Indian businessmen who have made large investment for long duration in UAE which he said will help in ease of doing business.
At present, the businessmen are given visa at a time for two years which has to be got extended/renewed every time.
Jaitley also invited large participation and investment in recently constituted National Investment and Infrastructure Fund (NIIF) by the Sovereign Wealth Funds and Pensions Funds of the UAE region.
He said that the investment in NIIF will ensure good returns on investment as the Government will invest these funds in infrastructure projects.
Makhtoum assured the Finance Minister that he will look into all the issues raised by him.
Both the leaders also condemned the recent terrporists attack in Paris in which many human lives were lost.
They sought joint efforts by the countries to tackle this menace of terrorism.
