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UAE, India discuss regional security and economic cooperation during Modi visit

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UAE, India discuss regional security and economic cooperation during Modi visit
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President Sheikh Mohamed bin Zayed Al Nahyan and Indian Prime Minister Narendra Modi discussed economic cooperation and regional security during talks in Abu Dhabi on Friday.

The meeting focused on expanding cooperation under the Comprehensive Strategic Partnership and Comprehensive Economic Partnership Agreement between the UAE and India.

The two leaders reviewed cooperation in sectors including investment, energy, food security, technology, artificial intelligence and space, while also discussing developments in the Middle East and their impact on maritime security, energy supplies and the global economy.

Prime Minister Modi condemned the Iranian attacks targeting civilians and infrastructure in the UAE, saying they violated sovereignty and international law.

According to Indian media reports, the two countries signed several agreements covering defence cooperation, energy partnerships and infrastructure projects.

Indian media also reported plans for the storage of 30 million barrels in India’s strategic petroleum reserves, along with LPG supply agreements and the development of a ship repair cluster in Gujarat’s Vadinar.

Reports from India said the UAE pledged investments worth $5 billion in Indian infrastructure projects and financial institutions.

Mr Modi was received in Abu Dhabi by President Sheikh Mohamed. The meeting was attended by senior UAE officials including Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, and Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence.

The Indian delegation accompanying Mr Modi, including ministers and officials, also attended the talks.

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TAGS:UAEIndia30 million barrels
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