Prime Minister Narendra Modi will go to the United Arab Emirates (UAE) for a two-day tour starting Tuesday. This shall be Prime Minister Modi’s seventh go to to the UAE, which is anticipated to bolster the already shut and multi-faceted ties between the 2 nations.
Throughout his go to, Prime Minister Modi is scheduled to have interaction in bilateral talks with His Highness Sheikh Mohamed bin Zayed Al Nahyan, the President of the UAE. The discussions are anticipated to give attention to deepening and strengthening the strategic partnership, with an emphasis on increasing collaboration throughout varied sectors. Regional and worldwide problems with mutual curiosity will even be on the agenda.
Moreover, Prime Minister Modi will meet with His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister, and Defence Minister of the UAE. As a visitor of honour, he’ll take part within the World Authorities Summit 2024 in Dubai, the place he’s slated to ship a particular keynote handle.
One of many highlights of the go to is the inauguration of the BAPS Mandir, the primary Hindu temple in Abu Dhabi, on Wednesday.
The UAE was one of many high 4 international direct traders in India through the fiscal 12 months 2022-23. Bilateral commerce between India and the UAE reached a formidable $85 billion throughout that point, solidifying their positions as essential buying and selling companions for one another. This financial collaboration has been additional facilitated by agreements such because the Complete Financial Partnership Settlement (CEPA) signed in February 2022 and the Native Forex Settlement (LCS) System established in July 2023.
The Indian neighborhood, numbering round 3.5 million within the UAE, kinds the biggest expatriate group within the nation. Their contributions to the socio-economic growth of the UAE have performed an important function in fostering robust people-to-people ties.
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