UAE
Prime Minister Shri Narendra Modi recently embarked on an official visit to the United Arab Emirates (UAE), where he met with the President of the UAE, His Highness Sheikh Mohamed bin Zayed Al Nahyan. The meeting aimed to bolster the Comprehensive Strategic Partnership between the two nations across diverse sectors. Let’s delve into the details of their discussions and the outcomes of this significant diplomatic engagement.
Fostering Bilateral Relations
Prime Minister Modi’s visit to the UAE underscored the growing cooperation between India and the UAE over the past nine years. The leaders held one-on-one and delegation-level talks, wherein they reviewed the bilateral partnership and explored new avenues for collaboration. Discussions encompassed areas such as trade and investment, digital infrastructure, fintech, energy, culture, and people-to-people ties.
Key Agreements and Exchanges
During the visit, several agreements and memoranda of understanding (MoUs) were exchanged to enhance cooperation between India and the UAE:
- Bilateral Investment Treaty: Facilitating further investments in both countries.
- Cooperation in Electrical Interconnection and Trade: Expanding collaboration in the energy sector.
- Intergovernmental Framework Agreement on the India-Middle East-Europe Economic Corridor: Promoting regional connectivity and economic cooperation.
- Cooperation in Digital Infrastructure Projects: Facilitating investment and knowledge-sharing in digital infrastructure.
- National Archives Cooperation Protocol: Strengthening bilateral cooperation in archival preservation.
- Cooperation in Heritage and Museums: Supporting Cultural Exchanges and Preservation Efforts.
- Agreement on Interlinking Payment Platforms: Enhancing Cross-Border Transactions.
- Interlinking Domestic Debit/Credit Cards: Promoting Financial Sector Cooperation.
Strengthening Energy Partnership
The leaders discussed the strengthening of the energy partnership, acknowledging the UAE’s role as a significant source of crude oil and LPG for India. They also highlighted India’s foray into long-term contracts for LNG, signaling deeper collaboration in the energy sector.
Commemorating Cultural Bonds
Prime Minister Modi expressed gratitude to President Sheikh Mohamed bin Zayed Al Nahyan for his support in constructing the BAPS Temple in Abu Dhabi, symbolizing the enduring friendship and cultural ties between India and the UAE.
Conclusion: Advancing Bilateral Cooperation
The meeting between Prime Minister Modi and President Sheikh Mohamed bin Zayed Al Nahyan reaffirmed the commitment of both nations to strengthen their Comprehensive Strategic Partnership. Through collaborative efforts and mutual respect, India and the UAE aim to further enhance their bilateral relations for the benefit of their peoples and the broader region.
Stay tuned for further updates on diplomatic engagements and bilateral relations between India and its strategic partners.
