30 C
New Delhi
September Wednesday 18 2019
India India has found a valuable partner in UAE: PM...

India has found a valuable partner in UAE: PM Modi

With robust flow of bilateral investments and an annual bilateral trade of about $ 60 billion, the UAE is the third-largest trade partner of India

-

- Advertisment -

Abu Dhabi: Prime Minister Narendra Modi on Saturday discussed ways to improve trade and cultural ties between India and the UAE with the Crown Prince of Abu Dhabi.

Welcoming Modi, the crown prince, Sheikh Mohammed bin Zayed Al Nahyan, expressed gratitude to his “brother” for visiting “his second home”.

“Had an excellent meeting with His Highness Crown Prince @MohamedBinZayed. We spoke about multiple subjects, including ways to improve trade and people-to-people relations between India and UAE,” Modi tweeted after the meeting.

The prime minister also said the crown prince’s “personal commitment” to strenghten the bilateral relations is “very strong”.

External Affairs Ministry spokesperson Raveesh Kumar said there was a “new energy” in the relationship between the two leaders. He quoted the crown prince as saying, “I am so grateful that my brother is coming to his second home.”

Kumar tweeted, “Special gesture from a special friend

After the completion of a short but remarkable visit to UAE, as a special gesture HH Crown Prince @MohamedBinZayed sees off PM @narendramodi as he embarks for Manama, Bahrain on the third leg of his 3-nation visit.”

With robust flow of bilateral investments and an annual bilateral trade of about $ 60 billion, the UAE is the third-largest trade partner of India. It is also the fourth-largest exporter of crude oil for India.

In an interview to the UAE’s official news agency, WAM, Modi said India has found a “valuable partner” in the UAE to achieve its ambitious dream of becoming a $ 5 trillion economy by 2024-25. He said the UAE-India relations are “at their best ever”, adding that the UAE investments in key sectors in India are growing.

“There has been an increasing interest in investments in India in sectors ranging from renewable energy, food, ports, airports, defence manufacturing and other sectors. UAE investments in infrastructure and housing (sectors) are being enhanced,” Modi said. Both the countries are working closely and vigorously to implement the commitment of $ 75 billion investment by the UAE in India, he said.

Leave a Reply

Latest news

PoK, which India wants back, neither pampered nor azad

Pakistan never gave PoK, the area it annexed in October 1947 which Foreign Minister S Jaishankar resolved to get back, anything beyond a vacuous adjective 'Azad': no India-style pampering with Article 370 or heavily subsidised living

Modi: Finishing work left incomplete since independence

Prime Minister Narendra Modi in his birthday speech delivered from the Sardar Sarovar Dam covered a gamut of issues from Article 370 to Narmada-driven development

Jaishankar: US appreciates our position, Pakistan incorrigible

External Affairs Minister S Jaishankar was giving an account of the work his department had done in the first 100 days of Modi 2.0

Farooq Abdullah under house arrest by law made by his father

Sheikh Abdullah, the former chief minister and father of Farooq Abdullah, had brought in the Act as a deterrent against timber smugglers
- Advertisement -

Howdy, Modi: What’s the brouhaha all about?

This will be the third major programme of Prime Minister Narendra Modi in the US after the Madison Square event on 29 September 2014 and the Silicon Valley programme on 27 September 2015; this time, he will address the crowd at the NRG Stadium in Houston on 22 September at 10 AM

Khattar makes NRC election pitch before Haryana poll

While members of even the ruling coalition in Assam are unhappy with the way NRC has panned out in their state, some BJP leaders are going around the country promising a similar exercise nationwide

Must read

It’s official: Padmavat to hit screens on 25 Jan

Mumbai: Viacom18 Motion Pictures, the makers of Sanjay Leela Bhansali's...

Huma in California will tempt you to pack your bags

While her pictures are giving us some serious travel goals, her recent trip to California is the Staycation we all need

You might also likeRELATED
Recommended to you

%d bloggers like this: