India, UAE enhance green partnerships

In line with their climate change objectives and to sync with the global climate agenda, India and the United Arab Emirates (UAE) have been having a series of discussions and agreements with each other and with other countries to enhance mutual cooperation in environmental issues.

- Meena Janardhan

Late last year, the two countries agreed to cooperate on a range of issues, including the supply of liquid natural gas (LNG), civil nuclear cooperation and development of food parks.

Bilateral trade and investments have grown over the last two decades — $85 billion in 2023, compared to about $7 billion in 2003. The UAE is now India’s third-largest trade partner after China and the United States. With an estimated investment of $18 billion in 2023, the UAE is also the seventh-largest investor in India. The Comprehensive Economic Partnership Agreement with India, the first such deal that the UAE signed in 2022, amid several since then, could lift bilateral trade to $115 billion before 2030.