India, UAE sign five agreements



Abu Dhabi, Feb 10: India and the UAE on Saturday signed five agreements, including in the areas of energy and transportation, following delegation-level talks headed by Indian Prime Minister Narendra Modi and Crown Prince of Abu Dhabi and Deputy Commander of the UAE Armed Forces Sheikh Mohammed Bin Zayed Al Nahyan here.



Two MoUs were signed on cooperation in the fields of manpower and transportation, it is learnt.



A separate MoU was signed between the United Arab Emirates (UAE) and the Jammu & Kashmir government.



An agreement was also signed between ONGC and the Abu Dhabi National Oil Company (ADNOC) on offshore oil concessions.



During the delegation-level talks, the issues of security, investment and people-to-people ties figured.



While the UAE is one of the largest suppliers of crude oil to India, it is also the 10th largest investor in India in terms of foreign direct investment (FDI) having invested an estimated $8 billion.



As of 2016-17, India-UAE trade stood at around $52 billion, making India the largest trading partner of the UAE, while the Gulf nation is the fourth largest trading partner of India.



On Sunday, Modi will meet members of the Indian community here during the course of which he will lay the foundation stone of the first Indian temple in Abu Dhabi via video linking.



Following Saturday's agreement signing ceremony, members of the temple committee met both Modi and the Crown Prince and presented literature related to the religious project.



After laying the foundation stone on Sunday, Modi will travel to Dubai where he will deliver the keynote address at the Sixth World Government Summit, in which India is the guest of honour country this year.



Modi arrived here on Saturday evening on the second leg of his three-nation tour to West Asia and the Gulf.



He was personally received by the Crown Prince at the airport here and was accorded a ceremonial welcome.



This is Modi's second visit to the UAE, home to over three million expatriate Indians, after his visit in 2015, which was the first by an Indian Prime Minister in 34 years.



Earlier on Saturday, he visited Palestine in what was the first ever prime ministerial visit from India there.



After completing his engagements in Dubai on Sunday, Modi will leave for Oman on the third and last leg of his tour.

 

IANS

Don’t Miss

While BJP's Swamy hails VP's decision, Shiv Sena criticises the move
Cash for vote..Rs 41300000 cash, 4.52 kg gold seized in Karnataka
9 new ministers to take oath as Amarinder Singh to expand cabinet
Breaking: POSCO Act: Ordinance on death for child rapists gets a nod
IMF expects this from India
Sensex ends flat at 34,415.58; tech stocks RISE
18 Rohingyas arrested in Tripura for entering country illegally
BMW India launches third generation of SUV X3
Apple working on iPhone SE 2
Now you don't need a commercial licence for taxis and autos
Modi warns Pak from London,stop terror else face surgical strike..Rapes are worrisome, says PM
10 Points: Where has all the cash disappeared from ATMs
50 IIT alumni quit jobs to form political party, declare mission statement
A 14-year-old abducted and raped in a temple in Haryana
Major controversies of Asaram Bapu
Infant raped, killed in MP; 1 arrested
Amitabh Bachchan 'attacked'.. Details here
Good news: All metro stations in Delhi will be counterless soon
UP CM Yogi Adityanath a hit on Facebook
Hmm..Deepika walks hand-in-hand with ex Ranbir Kapoor
Pakistan calls India's claims on surgical strike 'baseless'
Chaiwala as PM has made Indians aspirational..Modi targets Gandhi family in London
LIVE: PM Modi and Prince Charles visit exhibition on 5000 Years of Science and Innovation
1993 Mumbai blasts death row convict Tahir Merchant dead
Can dogs predict earthquakes? Read here
Save Constitution: Rahul dares PM Modi to let him speak for 15 mins
Refrain from making irresponsible statements, Modi suggests MPs, MLAs
Cong may move court if impeachment notice rejected, say party leaders
Watch who brought the first ray of consciousness in special series 'Shoshit'
Delhi-NCR soaks in Bihu festivities

Most Recent




Most Popular