UAE - Al Barakah Dates, a market driving date’s processor, has reported plans to grow its presence in India sending out more than 30,000 tons of mass natural substance from its production line in Dubai Modern City (DIC).
The joint endeavour with India-based driving food handling firm Realism Food varieties Pvt Ltd was declared at a marking function at Gulfood 2023. It comes on the rear of the UAE-India Complete Monetary Association Arrangement (CEPA) declared in May 2022 to empower more prominent market access through special duty rates and advantages.
At a signing event at Gulfood 2023, the joint venture with renowned Indian food processing company Candor Foods Pvt Ltd was made public. It follows the Comprehensive Economic Partnership Agreement (CEPA) between the UAE and India, which was launched in May 2022 and aims to increase market access through favorable tariff rates and advantages.