Giving impetus to India’s West Asia Policy, Defence Minister Manohar Parrikar will visit the United Arab Emirates (UAE) from May 18 to 20. The visit will focus on bolstering cooperation …Read More
In a significant push to the economic partnership between India and the UAE, five leading Indian-owned businesses in the UAE have decided to invest over $3.68 billion in infrastructure …Read More
Imparting a fresh traction to their burgeoning strategic partnership, India and the United Arab Emirates, the Gulf’s economic powerhouse, have signed pacts spanning cybersecurity, infrastructure investment, renewable energy and space cooperation. The pacts were signed after Prime Minister Narendra Modi held wide-ranging talks with Abu Dhabi’s Crown Prince Sheikh Mohamed bin Zayed Al Nahyan in New Delhi on February 11.Read More
The United Arab Emirates (UAE), India’s third largest trading partner and an economic powerhouse in the Gulf, is set to play a big role in the transformation of India’s infrastructure …Read More
Months after Prime Minister Narendra Modi visited the UAE, Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan will be in New Delhi, starting Feb 10, to impart an added momentum to the transforming relations between Asia’s third largest economy and the economic powerhouse in West Asia.Read More
Come January 11, Air India will introduce daily flight services from Dubai to Kochi, in response to the long-pending demand of Indians living here, the company has announced. This will …Read More
In its endeavour to continue strengthening ties with the Gulf countries, India has pushed for a Free Trade Agreement with the Gulf Cooperation Council (GCC). Calling the Gulf nations an …Read More
There is a new upswing in India’s relations with the United Arab Emirates, home to 2.6 million-strong Indian community and New Delhi’s third largest trading partner after China and the US. Barely weeks after the successful trip of Prime Minister Narendra Modi to the Gulf state in August, UAE’s Foreign Minister Sheikh Abdulla Bin Zayed Al Nahyan visited India on September 2 and 3, imparting a fresh momentum to multilayered bilateral ties.Read More
India’s Prime Minister Narendra Modi’s two-day visit to the United Arab Emirates has been a game-changer of sorts, transforming New Delhi’s relationship with its key economic partner in the energy-rich Gulf region. In a major leap forward, the two countries elevated their relationship to comprehensive strategic partnership that entails closer counter-terror cooperation and deepening of security and economic ties across the spectrum. “The visit of an Indian Prime Minister to UAE after 34 years marks the beginning of a new and comprehensive strategic partnership between India and UAE in a world of multiple transitions and changing opportunities and challenges,” said the joint statement after wide-ranging talks between Mr Modi and the top leadership of the UAE. Here are key outcomes and highlights of the joint statement that maps out the future trajectory of the India-UAE relationship.
Elevate the India-UAE relationship to a comprehensive strategic partnership.
The rapidly expanding economic partnership makes India UAE’s second largest trading partner and UAE India’s third largest trading partner, thus making it a gateway for India to the region.
The two countries have the potential to build a transformative economic partnership, not only for sustained prosperity of their two countries, but to also advance progress in the region and help realise the vision of an Asian Century.
A common vision of progress and prosperity faces challenges from many shared threats to peace, stability and security in the region. A shared endeavour to address these challenges, based on common ideals and convergent interests, is vital for the future of the two countries and their region.
The two nations also rejected extremism and any link between religion and terrorism condemning efforts, including by states, to use religion to justify, support and sponsor terrorism against other countries. They also deplored efforts by countries to give religious and sectarian colour to political issues and disputes, including in West and South Asia, and use terrorism to pursue their aims.Read More
Drumming up the India growth story in the Gulf dynamo, India’s Prime Minister Narendra Modi exhorted investors in the United Arab Emirates to cash in on an “immediate investment opportunity of USD 1 trillion in India.”
During his visit to Masdar city, a zero-carbon city, near Abu Dhabi, UAE, India’s Prime Minister Narendra Modi addressed an investor meet where he underlined huge opportunities spawned by India’s growing economy and called for dovetailing UAE’s power and India’s potential to make it an Asian century.
Citing reports by major global institutions such as World Bank, IMF, Moodys, Mr Modi said India is the world’s fastest growing economy and has a huge potential to develop. “On one hand India is growing fast and on the other hand, the world is looking at Asia. But is Asia complete without UAE? I can clearly see that the UAE should be at the centre of mainstream of things in Asia. UAE’s power and India’s potential can make it Asia’s century,” he told top business leaders from the UAE.
Alluding to lethargy and indecisiveness that was seen in policy-making during previous governments in New Delhi, the prime minister said his government has got some legacy problems and his immediate priority would be to kick-start the economic reforms process.Read More