India-UAE Summit By PM Modi with Crown Prince of Abu Dhabi Today
PM Modi and Sheikh Mohamed bin Zayed bin Sultan Al Nahyan, Crown Prince of Abu Dhabi, will conduct a virtual summit this Friday to debate bilateral cooperation and exchange views on regional and global matters of mutual concern.
On Friday evening, India, as well as the United Arab Emirates (UAE), shall host a virtual summit to improve and seek a new chapter throughout their “comprehensive strategic cooperation.”
The two presidents will talk about bilateral cooperation and share their perspectives on regional and global topics of mutual concern.
Throughout the Covid-19 epidemic, both leaders frequently communicated and assisted one another. The 3.5 million Indians in the UAE were well cared for. The August 2020 agreement on the Air Bubble has aided most people in returning to work and business.
“UAE hosts a large Indian community which numbers close to 3.5 million. The prime minister has expressed India’s appreciation to the leadership of the UAE for supporting the Indian community during the pandemic. The UAE leadership has also been appreciative of the contribution of the Indian community to its development. Both sides had agreed on an Air Bubble Arrangement in 2020 during the pandemic, which has enabled the movement of people between two countries despite the challenges posed by Covid-19,” said the MEA statement.
This Financial Year, both sides are working to restore India-UAE trade to its pre-pandemic level of $ 60 billion. Here on the energy front, the UAE has invested heavily in strategic reserves, and Indian firms have been provided shares in two fields.
Defence relationships have evolved as a complete strategic partner, as well as the leadership shall continue to focus on this sector.
India was likewise a major participant at the Dubai Expo, receiving one of the largest plots and the privilege to keep the Indian Pavilion post the event.
In the past years, the two sides also have developed cultural and people-to-people ties. Abu Dhabi gave the Temple a big tract of land. The building is on schedule.
This year, India and the United Arab Emirates are two of the 10 non-permanent United Nations Security Council members. They have been collaborating positions on a variety of global concerns.