India and UAE Are Partnered to Boost Further

India and UAE Are Partnered to Boost Further

India and UAE (United Arab Emirates) are tied up together to expand in various areas such as defense, civilian nuclear energy, combating terrorism, space and maritime security. The two countries have signed sixteen policy papers with a total value of approximately $75 billion. On Tuesday, Sheikh Mohammed Bin Zayed Al Nahyan, who is Abu Dhabi’s Crown Prince, visited India to be a part of Republic day parade as a chief guest on 26th January. This is the second visit of Sheikh Mohammed to the country after February 2016.

Sheikh Mohamed will be escorted by a senior official, captain of industry and high-level delegation, including ministers. The association between the two countries got a massive boost with the visit of India’s Prime Minister Narendra Modi to UAE (United Arab Emirates) August 2015. Last time in May 1981, India’s Prime Minister Indira Gandhi had visited UAE; after 34 years, now this is the second visit.

UAE is the fifth largest supplier of crude oil from the year 2015-2016. Both the countries have mutual agreement to promote the partnership in the energy sector. The participation of UAE is very significant for the development of India’s downstream and upstream petroleum sectors, strategic petroleum reserves, and association with third countries.

Both the countries had a commitment to strengthen the area of defense for training, participating in the exhibition of defense and joint exercises. During the ‘Make in India Campaign’, they had also identified ways to produce the equipment’s used in defense.  

Amar Sinha, Secretary of Ministry of External Affairs (MEA) said – “Defence and security are emerging as a new area of cooperation based upon shared views and concerns about common threats. We are hoping that this visit would solidify the same.” The outcome from the second visit of the Abu Dhabi’s crown prince is going to be significant.

The countries have agreed to improve the support in counter-terrorism, capacity building, intelligence sharing and to promote the cooperation in cyber security. UAE is considered to be the 3rd largest country in the trading partner. Within the next five years, they have agreed to increase the trade up to 60 percent. The picture of Indians in the United Arab Emirates has been commonly positive and their help to the growth of the country has been well valued and respected.

Hence, the upcoming visit of Sheikh Mohamed’s is assumed to have high significance, say resources.

 

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