PM Modi visits the ocuntry to strengthen UAE-India relations
Investing UAE

Here’s why PM Modi said India-UAE ties are “at its best ever”

Prime Minister Narendra Modi said India sees the UAE as a valuable partner to reach its ambitious yet achievable dream to be a $5 trillion economy by 2024-2025

Modi is on a two-day visit in the UAE and was welcomed by the chairman of Abu Dhabi Executive Affairs Authority, Khaldoon Khalif Al Mubarak, at Abu Dhabi International Airport.

The prime minister said that the UAE-India relations are “at their best ever”.

“UAE investments in [sectors such as] infrastructure and housing are being enhanced. The UAE is our third largest trade partner with about $60 billion bilateral trade in 2018-19. Many of our companies are investing here in UAE. Both countries are working closely to ensure the commitment of $75 billion investment by UAE in India.

Modi emphasized the significance of the Comprehensive Strategic Partnership Agreement which took place in India last January 2017.

He believes that his third visit to the UAE shows the efforts of the two countries to continue the momentum achieved in the bilateral relationship.

He looks forward to further strengthening all-round cooperation from UAE to further strengthen robust and vibrant relations between the two countries.

He is receiving the Order of Zayed, the highest civilian award of the UAE which Modi said was “an honour of special significance for him and his fellow 1.3 billion Indians.”

Regarding the Indian community in the UAE, he added, “We are immensely proud that the rich contribution of our community to building a modern, diverse and vibrant UAE are acknowledged and appreciated by the leadership of the UAE.

“I extend my deepest appreciation to the leadership of UAE for looking after the well-being of the Indian diaspora here like a true guardian. I would also like to thank the leadership of UAE for the steps taken recently to provide long-term visas and other benefits to expatriates.”

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