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NEW DELHI: India wants to sign a Mutual Recognition Agreement (MRA) with the UAE, allowing the likes of nurses, company secretaries, chartered accountants and dentists to enter the UAE and other Gulf countries faster, a government official briefed on developments said.
NEW DELHI: India wants to sign a Mutual Recognition Agreement (MRA) with the UAE, allowing the likes of nurses, company secretaries, chartered accountants and dentists to enter the UAE and other Gulf countries faster, a government official briefed on developments said.
Mutual recognition of services agreements under free trade agreements seek to recognize each other’s qualifications and academic credentials so that professionals from one country can work in another.
Mutual recognition of services agreements under free trade agreements seek to recognize each other’s qualifications and academic credentials so that professionals from one country can work in another.
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“The recently formed Services subcommittee needs to work in a number of areas such as the MRA. The UAE is a launching pad for the GCC (Gulf Cooperation Council) and North Africa, so it is significant in this regard. We will be looking to provide People, company secretaries, nurses to sign the MRA. There are several in the health department,” the official said.
Earlier this week, during the first joint trade committee meeting between India and the UAE, the two countries decided to form a new subcommittee to deal with issues related to trade in services and sharing data on trade in services.
The MRA with the UAE is significant because Indians make up the largest ethnic community in the UAE, accounting for about 30% of its population.
According to the Indian Embassy in the UAE, the number of Indian residents is estimated at 3.5 million by 2021. Among the Indian states, Kerala has the highest number, followed by Tamil Nadu and Andhra Pradesh.
India’s exports to the UAE rose 11.8% to $31.8 billion in 2022-23, compared to $28 billion a year earlier. The largest export product was oil, which rose 36 percent year-on-year to $7,780.22 million in the April 22-March 23 period. India’s free trade agreement with the UAE, known as the Comprehensive Economic Partnership Agreement, came into force on May 1, 2022.
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