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PM Modi acknowledges UAE as a partner in India's growth story, several MoUs signed

PM Modi acknowledges UAE as a partner in India's growth story, several MoUs signed

India Blooms News Service | | 25 Jan 2017, 03:57 pm
New Delhi, Jna 25 (IBNS): In his press statement during the joint media briefing with Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces of United Arab Emirates, Indian Prime Minister Narendra Modi said on Wednesday that UAE is an important partner in India’s growth story.

PM Modi said that his discussions with the Crown Prince were wide ranging, covering the entire spectrum of India-UAE bilateral engagement.

"We have shaped an ambitious roadmap of engagement to make our comprehensive strategic partnership purposeful and action oriented," the PM said.

"We agreed to sustain the momentum of our relations in key areas, including energy and investments," said the Indian PM.

Prime Minister Modi also said that both the countries are  working to connect the institutional investors in UAE with India's National Investment and Infrastructure Fund.

"We are also encouraging and facilitating business and industry of both countries to increase the quality and quantum bilateral trade," Prime Minister Modi said.

He said, "Our energy partnership is an important bridge in our linkages. It contributes to our energy security."

"We exchanged views on developments in West Asia and the Gulf, where both countries have a shared interest in peace and stability." said Modi.

Several agreements/MOUs were exchanged on Wednesday on the sidelines of the state visit of Crown Prince of Abu Dhabi to India.

These included agreement on Comprehensive Strategic Partnership, MoU between the ministries of defence of both countries on cooperation in the field of defence industry, MoUs in areas of maritime industry and road transport, on cooperation in prevention and combating of human trafficking, etc.

Tweeted Union Minister of Road Transport & Highways and Shipping, Nitin Gadkari, "The bilateral discussion between India and UAE was very encouraging. These enhanced ties between our Asian nations will deliver a continental benefit."

In his statement, PM Modi highlighted, "UAE is home to around 2.6 million Indians. Their contributions are deeply valued both in India and in UAE. I expressed gratitude to His Highness for looking after the welfare of Indian nationals in UAE. I also thanked His Highness for allotting land for a temple for the Indian diaspora in Abu Dhabi."


Images: PMO India Twitter

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