Prime Minister Narendra Modi meets Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan on the sidelines of the BRICS Summit, reviewing bilateral ties and opportunities to deepen India-UAE cooperation.
The Prime Minister of India, Narendra Modi, meets in a bilateral meeting with the Crown Prince of Abu Dhabi, Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, at the 18th BRICS Summit. It is an occasion where both leaders can assess the status of India- UAE ties and explore further avenues for collaboration.
India and UAE have a Comprehensive Strategic Partnership, which involves many fields like trade, investments, energy, infrastructure, technology, and people to people contacts. This is the most recent initiative, which is an outcome of the ongoing momentum in the engagements at the highest levels of both countries.
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In the course of the discussions, Modi and the Abu Dhabi Crown Prince discuss the progress of their bilateral relationship and share their views on how to improve cooperation in areas of common interest. An economic relationship is a crucial aspect of their cooperation, as both countries want to encourage business investments.
Energy cooperation is also a strategic necessity for them. India and the UAE are involved in close cooperation in terms of both conventional and renewable sources of energy, as well as exploring options related to clean energy. Energy cooperation serves the purposes of economic development and energy security for them.
The other dimension of significance for the two countries is that of technology and innovations. India’s growing digital economy along with the technological ambitions of the UAE provides ample room for enhanced cooperation. The collaboration on technology infrastructure, fintech and innovation can serve as an additional boost to economic ties.
It should be noted that the meeting takes place as the two states are increasingly engaged in collaboration through institutional and high-level contacts. It is necessary to say that both states are aiming at developing their economic ties as a result of the conclusion of the Comprehensive Economic Partnership Agreement between India and the UAE.
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It must be said that the meeting is held against the background of the two states' growing cooperation by means of institutional and top-level contacts. It should be stated that the two states are pursuing the goal of improving their economic relations due to the signing of the Comprehensive Economic Partnership Agreement between India and the UAE.
Thus, this last meeting only serves to highlight the already promising trend in India-UAE relations. Through the assessment of current ties and the search for new possibilities in the fields of trade, investments, energy, technology, and others, both leaders wish to enhance the overall relationship.