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Highlights of PM Modi’s UAE visit

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In this article, we will take a look at the highlights of Prime Minister Narendra Modi’s visit to the United Arab Emirates (UAE) on August 16th and 17th.

Background:

Narendra Modi became the first Indian Prime Minister to visit UAE after Indira Gandhi who visited the country in 1981.

India and UAE share longstanding cordial relations. India is UAE’s second largest trading partner and UAE is India’s third largest trading partner. Indian workers compose nearly 30% (over 2.5 million) of UAE’s population, annually remitting over $13 billion to India.

In this two-day visit, India and UAE agreed to cooperate in several key areas such as trade and investment, counter-terrorism, maritime security and intelligence sharing and defence, among others.

Key achievements of PM Modi’s UAE visit:

      *  UAE to aid India’s energy growth- A joint statement by the two                                 governments stated that UAE would help India develop strategic petroleum           reserves, upstream and downstream petroleum sectors and promote                     collaboration in the area of renewable  energy.

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