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Economics

Indian Prime Minister and UAE President discuss strengthening energy co-operation

During the meeting, Narendra Modi and Mohamed bin Zayed Al Nahyan exchanged agreed documents


Indian Prime Minister Narendra Modi arrived in Abu Dhabi on an official visit. He was met at the airport by UAE President Mohamed bin Zayed Al Nahyan, after which the politician was accorded a grand reception.

The two leaders held one-on-one and delegation-level talks. They reviewed the achievements of bilateral partnership and discussed new areas of co-operation. Narendra Modi and Mohamed bin Zayed Al Nahyan welcomed the deepening of the comprehensive strategic partnership in all sectors, including trade and investment, digital infrastructure, financial technology, energy and cultural ties. Regional and global issues were also discussed.

"Cooperation with the UAE in sectors such as defence, food, energy security, trade and education has grown manifold. Our cultural ties are stronger than ever," the Indian Prime Minister said in a statement before his departure for the UAE.

The leaders discussed strengthening energy co-operation. They lauded the fact that not only has the UAE become one of the largest sources of crude oil and liquefied natural gas, but India now has long-term LNG contracts. This is reported by ANI, a partner of TV BRICS.

During the meeting, Narendra Modi and Mohamed bin Zayed Al Nahyan exchanged agreed documents. These include: a bilateral investment treaty and comprehensive partnership agreement, an intergovernmental framework agreement between India and the UAE on India-Middle East corridor, a protocol of understanding between the national archives of the two countries, a memorandum of understanding on cultural heritage and museums, an agreement to merge instant payment platforms – UPI (India) and AANI (UAE) for seamless transactions between the two countries and several others.

The Prime Minister also thanked the UAE President for his personal support and allocation of land for the construction of the first Hindu temple in Abu Dhabi. The two sides said the move is a sign of UAE-India friendship, deep cultural ties and embodies a global commitment to harmony, tolerance and peaceful co-existence.

Photo: IStock


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