August 11, 2022

Dubai Week

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Mohammad bin Saeed and Narendra Modi signed a comprehensive joint venture agreement

Mohammad bin Saeed and Narendra Modi signed a comprehensive joint venture agreement

Abu Dhabi (Etihad)

The Emirati-India Summit will be held today, through visual communication, to discuss the paths of bilateral cooperation within the framework of comprehensive strategic partnership between the two countries and the opportunities for its development and the expansion of its borders.
Sheikh Mohammed bin Saeed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Commander-in-Chief of the Armed Forces, and Prime Minister of the Friendly Republican Narendra Modi will attend the signing ceremony of the Comprehensive Economic Partnership Agreement. Held in New Delhi between the two countries, it ushers in a new era of interests-based economic cooperation.
The United Arab Emirates is India’s third largest trading partner and accounts for 40% of its trade with the Arab world, while the Economic Partnership Agreement is expected to increase non-oil bilateral trade to $ 100 billion annually over the next five years. Relations between the United Arab Emirates and the Republic of India see rapid improvements in the light of a common interest in mutual benefit, especially in the exchange of official visits between the two sides at various levels. In 2016 and 2017, Narendra Modi visited the United Arab Emirates in 2015, 2018 and 2019. Several months ago, the two countries announced the start of negotiations aimed at reaching a comprehensive economic partnership agreement, which was successfully concluded by the agreement.

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