India and UAE Forge Strategic Partnerships in Defence and Energy During Modi's Visit
PM Modi in UAE: India signs defence, gas supply and strategic oil reserves pacts wih UAE
The Economic Times
Image: The Economic Times
During Prime Minister Narendra Modi's visit to the United Arab Emirates, India and the UAE signed several agreements focusing on defence cooperation, energy security, and infrastructure investment. Notably, the UAE committed $5 billion to Indian infrastructure, while both nations agreed on a strategic defence partnership and enhanced energy ties through liquefied petroleum gas (LPG) supplies.
- 01An agreement was signed to establish a framework for a strategic defence partnership between India and the UAE.
- 02The UAE announced $5 billion in investments targeting Indian infrastructure and financial institutions.
- 03A memorandum of understanding was signed for strategic petroleum reserves to bolster India's energy security.
- 04Modi emphasized the importance of dialogue in resolving regional tensions during his meeting with UAE President Mohammed bin Zayed Al Nahyan.
- 05The visit is the first leg of Modi's five-nation tour, which includes stops in the Netherlands, Sweden, and Norway.
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During Prime Minister Narendra Modi's visit to the United Arab Emirates, India and the UAE signed multiple agreements that enhance their cooperation in defence, energy, and infrastructure. Key among these was a framework for a strategic defence partnership, highlighting the growing military collaboration between the two nations. Additionally, both countries signed a memorandum of understanding concerning strategic petroleum reserves and an agreement for liquefied petroleum gas (LPG) supplies, which will significantly strengthen India's energy security. The UAE also pledged $5 billion in investments aimed at improving Indian infrastructure and financial institutions, including RBL Bank and Samman Capital. In his discussions with UAE President Mohammed bin Zayed Al Nahyan, Modi stressed the importance of dialogue and diplomacy in addressing regional tensions and expressed India's solidarity with the UAE amid recent attacks. This visit marks the beginning of Modi's five-nation tour, which will also include the Netherlands, Sweden, and Norway, focusing on deepening strategic engagements across various sectors.
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The agreements are expected to enhance India's energy security and military capabilities, benefiting various sectors including infrastructure and defence.
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