Modi, UAE Forge New Frontiers: Key Agreements Fuel Strategic Partnership

Abu Dhabi, UAE: Indian Prime Minister Narendra Modi received a warm welcome on his official visit to the UAE, holding extensive talks with President Sheikh Mohamed bin Zayed Al Nahyan that yielded a series of crucial agreements and strengthened the existing Comprehensive Strategic Partnership.

Key Outcomes:

• Bilateral Investment Treaty: Signed to promote investments in both countries, further bolstering India’s economic ties with the UAE.
• Energy Cooperation: MoU signed to explore collaboration in electrical interconnection and trade, boosting energy security and trade potential.
• India-Middle East Economic Corridor: Framework agreement paves the way for enhanced regional connectivity and cooperation.
• Digital Infrastructure: MoU establishes a framework for joint projects and knowledge sharing in the digital infrastructure sector.
• Cultural Exchange: Protocols agreed upon for cooperation in archives, heritage, and museums, including support for the Maritime Heritage Complex in India.
• Financial Integration: Agreements enable seamless cross-border transactions using instant payment platforms and domestic debit/credit cards (UPI-AANI and RuPay-JAYWAN).
• Energy Partnership: UAE remains a key source of crude and LPG for India, with additional long-term LNG contracts being explored.
• Port Infrastructure: Agreements signed to enhance connectivity through joint port infrastructure projects.
• BAPS Temple Inauguration: PM Modi expressed gratitude for the land grant and underlined the temple’s significance as a symbol of friendship, cultural bonds, and harmony.