India and the United Arab Emirates inked significant deals as Prime Minister Narendra Modi visited on Friday. The agreements cover a strategic defense partnership framework, LPG and petroleum supply, and a $5 billion investment in Indian Infrastructure, RBL Bank, and Samman Capital. Additionally, an accord was reached for establishing a ship repair cluster at Vadinar.
During talks in Abu Dhabi, PM Modi emphasized India’s unwavering support for the UAE, stressing cooperation for peace and stability. He highlighted the importance of keeping the Strait of Hormuz open and respecting international laws. Modi thanked UAE President Mohamed bin Zayed Al Nahyan for enhancing the comprehensive strategic partnership, noting its increased relevance in the current global scenario.
Acknowledging progress since the UAE President’s January visit to India, PM Modi expressed gratitude for elevating bilateral ties. He emphasized the growing significance of India-UAE cooperation, particularly amidst global challenges. Modi underscored the global impact of West Asia conflicts and advocated for dialogue and diplomacy as the preferred conflict resolution methods.
Prime Minister Modi’s visit to the UAE marks the beginning of his five-nation tour, including the Netherlands, Sweden, Norway, and Italy. The tour aims to strengthen India’s strategic and economic collaborations in energy, defense, technology, green initiatives, and trade.
