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India-UAE relationship for better Trade Partnerships

Prime Minister Narendra Modi and UAE Foreign Affairs Minister Sheikh Abdullah Bin Zayed Al Nahyanon Monday discussed bilateral cooperation in the field of trade and investment and defence, and people-to-people ties.

Al Nahyan, who is on a visit to India, also conveyed the greetings from the Crown Prince of Abu Dhabi. The Prime Minister warmly reciprocated the good wishes, an official statement said.

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“The minister noted the growing interest in UAE for investment in India in sectors such as energy, housing, food processing and infrastructure. PM expressed appreciation for ADNOC’s decision to invest in the upcoming US$ 44 billion 60 MMTPA greenfield mega refinery and petrochemicals complex in India and welcomed the signing of an MoU in this regard earlier today,” the statement read.

The visiting minister also noted the contribution of the Indian community in UAE to the country’s economy and well-being.

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