PM Modi is visiting UAE to bolster the multifaceted bilateral ties. (Twitter/MEAIndia)
PM Narendra Modi UAE Visit Live Updates (Today (July 15): In a boost to bilateral trade and investments, Prime Minister Narendra Modi, who is in Abu Dhabi today holding talks with UAE President Sheikh Mohamed bin Zayed Al Nahyan, announced that India and the United Arab Emirates have agreed to start trade settlement in local currencies. PM Modi said that he hopes that bilateral trade between the two countries goes past the $100 billion-mark soon, as it currently stands at $85 billion.
“The India-UAE comprehensive strategic partnership has been steadily strengthening and the Prime Minister’s visit will be an opportunity to identify ways to take this forward in various domains such as energy, education, healthcare, food security, fintech, defence and culture,” the Ministry of External Affairs (MEA) said. It will also be an opportunity to discuss cooperation on global issues, particularly in the context of the UAE’s Presidency of COP-28 and India’s G-20 Presidency in which the UAE is a “special invitee”, it added.
PM Modi is visiting UAE as he returns from France, where he held bilateral discussions with French President Emmanuel Macron. The two countries agreed on a slew of new initiatives and agreements, and drew a roadmap for ties which has three pillars: partnership for security and sovereignty; partnership for the planet; partnership for the people.
Live Blog
PM Modi in UAE Live Updates: Modi to meet UAE President in Abu Dhabi, hold bilateral discussions on key areas. Follow this space for all the latest updates!
Why India-France ties are strong, what’s the significance of PM Modi’s visit
Prime Minister Narendra Modi was the Guest of Honour at France’s Bastille Day parade in Paris on Friday. The visit coincides with 25 years of the oldest among India’s almost 30 strategic partnerships around the world — and one of the few that has been marked by “total convergence” ever since the two nations committed themselves to it in 1998. Four French Presidents and three Indian Prime Ministers have nurtured this relationship over the last quarter century. Manmohan Singh was the chief guest at the 2009 parade, which opened with Indian tri-services personnel marching to Saare Jahan Se Achha and Kadam Kadam Badhaye Ja. Nicolas Sarkozy was President at the time. The two countries commenced their strategic partnership, India’s first, immediately after India’s nuclear tests, at a time when most Western capitals had turned their backs on New Delhi.
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First published on: 15-07-2023 at 09:59 IST
