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Punjab deputy CM Sukhbir Badal inks trade pact in Dubai

Punjab deputy chief minister Sukhbir Singh Badal made a strong case for furthering the economic and business relations between Punjab and the UAE to an all-time high, signing a memorandum of understanding with a company for investment in the state, a spokesman here said on Friday.

Updated on: Sep 17, 2016, 16:43:03 IST
Hindustan Times | By , Chandigarh
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Punjab deputy chief minister Sukhbir Singh Badal made a strong case for furthering the economic and business relations between Punjab and the UAE to an all-time high, signing a memorandum of understanding with a company for investment in the state, a spokesman here said on Friday.

Sukhbir signed the MoU on behalf of Punjab with the Indian Business and Professional Council (IBPC) of Dubai, with the Punjab Bureau of Investment Promotion (PBIP) and the Confederation Indian Industry as signatory parties. (Photo: Sukhbir Badal’s Twitter account)
Sukhbir signed the MoU on behalf of Punjab with the Indian Business and Professional Council (IBPC) of Dubai, with the Punjab Bureau of Investment Promotion (PBIP) and the Confederation Indian Industry as signatory parties. (Photo: Sukhbir Badal’s Twitter account)

Presenting the case of Punjab at an investment outreach seminar in Dubai, Sukhbir signed the MoU on behalf of Punjab with the Indian Business and Professional Council (IBPC) of Dubai, with the Punjab Bureau of Investment Promotion (PBIP) and the Confederation Indian Industry as signatory parties.

The agreement is going to focus on trade, investment, education and lifestyle sector opportunities, besides co-operating with each other on sharing knowhow to strengthen the commercial ties.