Prime Minister Narendra Modi expressed optimism about the recent agreements between India and the United Arab Emirates, highlighting their potential to enhance bilateral relations. The agreements, covering areas such as energy, defence, technology, infrastructure, and investments, were signed during PM Modi’s short visit to the Gulf nation. Describing the outcomes as “substantive,” PM Modi emphasized their significance in strengthening the strategic partnership between India and the UAE.
The signed agreements aim to deepen cooperation in crucial sectors like energy security, defence manufacturing, advanced computing, maritime infrastructure, and investments. Notably, a strategic collaboration between Indian Strategic Petroleum Reserves Limited and Abu Dhabi National Oil Company was established to bolster India’s energy security and expand strategic petroleum reserves. This partnership is expected to foster cooperation in India’s LNG and LPG infrastructure domains.
In the defence realm, both countries agreed on a Strategic Defence Partnership framework focusing on defence manufacturing, military training, maritime security, cyber defence, innovation, and secure communication systems. Additionally, a significant development was the proposed ship repair and maritime infrastructure cluster project in Gujarat, aligning with the Make in India initiative and enhancing India’s maritime ecosystem.
Furthermore, India and the UAE inked agreements on skill development in ship repair to elevate the capabilities of India’s maritime workforce and position the country as a global hub for skilled shipbuilding and repair professionals. In the technology sector, the two nations decided to establish an eight Exaflop supercomputer cluster involving India’s Centre for Development of Advanced Computing and UAE-based G42. Moreover, the UAE’s commitment of $5 billion in investments across Indian infrastructure and financial institutions is set to fortify economic ties between the two nations.
