India is all prepared to display as UAE’s food security partner with the forming of the India-UAE food corridor, which could see the multiple-folds in its exports.
The annual export value of food to UAE from India is predicted to leap from $2.5 billion to around $7 billion in the next three years, Indian Ambassador to the UAE Navdeep Singh Suri said.
Almost 30 per cent of food goes waste in India, while the UAE constantly battles with food security issue. The two countries can thus complement each other in this area and work towards a common goal.
“Our prime minister suggested (to the UAE leadership) that just as you are our partner in energy security, we could also be your partner in food security,” Suri said. “It is a very ambitious project, which has been put on the fast track by the leadership in both countries,” he stressed.
For ultimate utilization of India’s agricultural produce, UAE will invest in mega food processing parks, cold storage facilities, warehousing, logistics, and transport. UAE would subsequently buy food from India at a cheaper rates.
“The UAE benefits from it and farmers also get a better price,” he explained. India has repeatedly expressed interest to be UAE’s food security partner.
“If we can find ways to preserve the percentage of wasted food in India it could meet the needs of all Gulf Cooperation Council (GCC) countries,” Suri said.
With the better coastal and port facilities on the western coast, food would be sourced from central and western states of Maharashtra, Madhya Pradesh, and Gujarat, as it will be easier access to the UAE.
Alonf\g with India, UAE has also expressed interest to strengthen food and agricultural production partnership with Egypt.
To achieve food security, the UAE will launch the National Strategy for Future Food Security soon.
UAE’s Minister of State for Future Food Security Mariam bint Mohammed Almheiri had visited several countries to learn from their food innovation experience.