India-UAE ties deepen as PM Modi seals strategic defence, oil reserve deals and $5 billion boost
4 weeks ago
Prime Minister Narendra Modi's brief visit to the UAE on Friday yielded several significant strategic, energy, and investment agreements for India. During this visit, key accords were signed between India and the UAE spanning the sectors of defence, energy security, infrastructure, and investment. As per the announced outcomes of the visit, India and the UAE signed an Agreement on Framework for the Strategic Defence Partnership, further strengthening bilateral strategic and security cooperation. The two countries also signed a Memorandum of Understanding on Strategic Petroleum Reserves and an agreement on supplies of Liquefied Petroleum Gas (LPG), boosting cooperation in the energy sector.
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