Prime Minister Narendra Modi pays a two-day go to to the United Arab Emirates (UAE) starting Tuesday throughout which he’ll maintain wide-ranging talks with President Sheikh Mohamed bin Zayed Al Nahyan and inaugurate the primary Hindu temple in Abu Dhabi.
It can be the Prime Minister’s seventh go to to the UAE since 2015, the Ministry of External Affairs (MEA) mentioned on Saturday, asserting the journey.
Also Read | UAE wealth fund mentioned to plan $4-5 bn investments by way of India’s new finance hub
Mr. Modi and Mr. Al Nahyan will talk about methods to additional deepen, broaden and strengthen the strategic partnership between the international locations and change views on regional and worldwide problems with mutual curiosity, it mentioned.
“The Prime Minister will also meet with Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister and Defence Minister of the UAE,” the MEA mentioned.
“At his invitation, the Prime Minister will participate in the World Government Summit 2024 to be held in Dubai as the guest of honour and deliver a special keynote address at the summit,” the MEA mentioned in a press release.
Also Read | India and UAE pen MoU to foster training join between two international locations
It mentioned Mr. Modi can even inaugurate the BAPS Mandir, the primary Hindu temple in Abu Dhabi, including he can even be addressing the Indian neighborhood within the UAE at an occasion in Zayed Sports City.
“India and UAE enjoy warm, close and multi-faceted relations underpinned by strong political, cultural and economic linkages,” the MEA mentioned.
Following the landmark go to of Mr. Modi to UAE in August 2015, bilateral relations between the 2 international locations had been elevated to a Comprehensive Strategic Partnership.
Both international locations signed a Comprehensive Economic Partnership Agreement (CEPA) in February 2022 and a Local Currency Settlement (LCS) System in July 2023 to advertise the usage of Indian Rupee and AED (United Arab Emirates Dirham) for cross-border transactions.
Also Read | India, UAE start two-week mega navy train in Rajasthan
The two international locations are amongst one another’s high buying and selling companions with a bilateral commerce of about $85 billion in 2022-23, in line with official information.
The UAE can also be among the many high 4 buyers in India when it comes to international direct investments in 2022-23.
“About 3.5 million strong and vibrant Indian community forms the largest expatriate group in the UAE. Their positive and well-appreciated contribution in the development of their host country has been an important anchor of our excellent bilateral engagement,” the MEA mentioned.