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PACT ON INTERLINKING OF UPI & UAE'S AANI PLATFORM, DEAL ON IMEE CORRIDOR TO CEMENT TIES
The Business Guardian
|February 14, 2024
In a significant scale-up of bilateral relations, Prime Minister Narendra Modi and President of the UAE Mohamed bin Zayed Al Nahyan on Tuesday reviewed the partnership between India and the UAE during one-on-one and delegation-level talks which included discussions on new areas of cooperation and deepening of the comprehensive strategic partnership across trade and investment, digital infrastructure, fintech, energy, infrastructure, culture and people to people ties.
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Economic relations are set for a stronger momentum with the exchange of a Bilateral Investment Treaty between the two partners which will be a key enabler for further promoting investments in both countries. India has also signed a Comprehensive Economic Partnership Agreement with UAE. In an MoU on cooperation in the field of electrical interconnection and trade, India and the UAE opened new areas of collaboration in the field of energy, including energy security and energy trade.
This story is from the February 14, 2024 edition of The Business Guardian.
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