UAE Crown Value Sheikh Khaled bin Mohamed bin Zayed Al Nahyan will meet PM Modi in New Delhi
New Delhi:
India and the United Arab Emirates (UAE) goal to deepen ties and improve their Complete Strategic Partnership because the Crown Prince of Abu Dhabi, Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, arrives in India on an official go to on September 9-10.
Abu Dhabi’s Crown Prince is visiting India on the invitation of Prime Minister Narendra Modi. This is able to be his first go to to New Delhi because the Crown Prince.
He’s being accompanied by prime ministers from the UAE in addition to a enterprise delegation, the Ministry of Exterior Affairs has mentioned.
The Crown Prince of Abu Dhabi – the subsequent King – will meet PM Narendra Modi on Monday. It’s the first time India is formally partaking with the subsequent era of royalty and authorities from the UAE, highlighting the significance India provides to its ties with the UAE.
Other than his assembly with PM Modi, the Crown Prince can even name on President Droupadi Murmu.
THE CROWN PRINCE’S SCHEDULE
On September 9, the Crown Prince’s day will start with a go to to Rajghat to pay tribute to Mahatma Gandhi.
Later within the day, the Crown Prince will meet Prime Minister Narendra Modi and the 2 leaders would maintain discussions on a variety of areas regarding bilateral cooperation. This is able to probably be adopted by a joint press convention the place a number of agreements or MoUs will likely be exchanged.
Moreover bilateral points, the 2 leaders are additionally anticipated to have an in depth dialogue on the general state of affairs arising out of the Israel-Hamas battle.
The Crown Prince can even name on President Droupadi Murmu on the Rastrapati Bhavan.
On September 10, the Crown Prince will go to Mumbai to take part in a Enterprise Discussion board, through which prime enterprise leaders from each nations will take part.
INDIA-UAE PARTNERSHIP
Because the landmark go to by PM Modi to UAE in August 2015, the primary by an Indian Prime Minister in 34 years, bilateral relations between the 2 nations have elevated to a Complete Strategic Partnership.
Each nations signed a Complete Financial Partnership Settlement or CEPA in February 2022 and a Native Foreign money Settlement (LCS) System in July 2023 to advertise using Indian Rupee and AED (United Arab Emirates Dirham) for cross-border transactions.
India is the UAE’s second-largest buying and selling companion, whereas the UAE is India’s largest buying and selling companion within the Arab world. Complete commerce between India and the UAE is projected to achieve USD 100 billion by the top of the last decade. The bilateral commerce between the 2 nations in 2022-23 was about USD 85 billion, in keeping with official knowledge.
The UAE can also be among the many prime 4 traders in India when it comes to Overseas Direct Investments or FDI in 2022-23.
“India and UAE share traditionally shut and pleasant ties. In recent times, the Complete Strategic Partnership between India and UAE has deepened in a variety of areas, together with political, commerce, funding, connectivity, vitality, know-how, training, and tradition,” the MEA mentioned.
“The Crown Prince’s go to will additional reinforce robust India-UAE bilateral relations and open avenues for partnership in new and rising areas,” it added.
The Indian group, which numbers over 3.5 million, performs an important position within the UAE. Their contributions to the economic system and cultural panorama of the UAE underscores the deep connections between the nations.
UAE was a particular invitee for the G20 Summit in New Delhi throughout India’s Presidency.
With India’s energetic assist, the UAE additionally joined the Shanghai Cooperation Organisation or SCO as dialogue companion in Could 2023. The UAE additionally joined the BRICS discussion board as a member on January 1 with India’s assist.
In 2023, the India-UAE-France (UFI) trilateral was additionally formally launched.
UAE is the fifth-largest provider of crude oil to India, accounting for round 8% of India’s complete crude imports. It additionally ranks first amongst locations for India’s exports within the West Asia area.
As a big participant within the Organisation of Islamic Cooperation or OIC grouping, the UAE’s assist is essential for India in navigating regional challenges, notably regarding its relations with Pakistan.
The Crown Prince, Sheikh Khaled’s go to underscores the UAE’s dedication to deepening financial and strategic ties with India. It marks the start of a brand new chapter in India-UAE relations, characterised by collaboration and alternative.
RECENT VISIT, STRENGTHENING TIES
In February this yr, PM Modi went for an official go to to the UAE, the place he held discussions with UAE President Sheikh Mohamed bin Zayed Al Nahyan on the India-UAE bilateral relationship and witnessed the alternate of eight agreements.
Sheikh Mohamed bin Zayed Al Nahyan, 63, is the daddy of the Crown Prince Sheikh Khaled Mohamed bin Zayed Al Nahyan, 42, who’s visiting India this week.
PM Modi and President Al Nahyan welcomed the MoU for creation of an inter-governmental framework between India and the UAE on the India-Center East-Europe Financial Hall, additionally referred to as IMEEC, which mirrored the lead taken by the UAE and India in furthering regional connectivity.
The 2 leaders additional endorsed the efforts from each side to strengthen the robust financial and business cooperation and discover new areas of collaboration. They welcomed the robust progress witnessed within the UAE-India commerce relations because the entry into drive of the Complete Financial Partnership Settlement (CEPA)
Throughout his go to, PM Modi inaugurated the majestic Bochasanwasi Akshar Purushottam Swaminarayan Sanstha (BAPS) Mandir, the primary Hindu temple in Abu Dhabi, UAE.
The temple is situated in Abu Dhabi’s Abu Mureikhah district. The grand temple, constructed on a 27-acre campus, the land for which, was gifted by the UAE authorities.
He additionally addressed the Indian group at an occasion titled ‘Ahlan Modi’, which was attended by over 65,000 individuals.
