Union Cabinet approves India-UAE pact on economic corridor
The aim of the IGFA is to enhance the bilateral relations and to further strengthen the relations between the two countries in the ports, maritime and logistics sectors.
The President of Cyprus Nicos Anastasiades was accorded a ceremonial welcome on Friday at the Rashtrapati Bhavan here.
President Pranab Mukherjee and Prime Minister Narendra Modi received Anastasiades. He was then accorded a ceremonial guard of honour at the forecourt.
Later during the day, Anastasiades will participate in delegation-level talks with Modi. The two sides are also expected to sign agreements.
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Anastasiades, who arrived in Mumbai on Tuesday, will depart from New Delhi on Saturday.
This is his first visit to India.
Cyprus, the eighth largest foreign investor in India, has cumulative Foreign Direct Investment of above $8.5 billion in areas of financial leasing, stock exchange, auto manufacture, manufacturing industries, real estate, cargo handling, construction, shipping and logistics.
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