PM Modi flew to Abu Dhabi this morning from France.
New Delhi/Abu Dhabi:
India and UAE agreed to key financial collaborations and determined to determine an IIT campus in Abu Dhabi throughout Prime Minister Narendra Modi’s official go to to the Gulf nation at present.
Listed here are the highest 10 factors on this huge story:
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India and UAE at present agreed to advertise using native currencies for cross-border transactions and to interlink the Unified Funds Interface (UPI) with the Gulf nation’s On the spot Fee Platform (IPP).
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Sharing this replace, PM Modi stated, “It is a essential facet of India-UAE cooperation. It paves the way in which for enhanced financial collaboration and can make worldwide monetary interactions easier.”
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Moreover, the training ministries of the 2 international locations and IIT-Delhi determined to determine a department of the premier institute in Abu Dhabi.
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“This marks a major stride in our instructional internationalisation and is testomony to India’s innovation prowess. Schooling is the bond that unites us, it is the spark that ignites innovation. Collectively, we are going to leverage this energy for mutual prosperity and international betterment,” tweeted the Prime Minister.
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PM Modi flew to Abu Dhabi this morning from France and held talks with UAE Crown Prince Sheikh Mohamed bin Zayed Al Nahyan, who obtained him on the airport on his arrival.
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“It’s at all times gladdening to satisfy HH Sheikh Mohamed bin Zayed Al Nahyan. His vitality and imaginative and prescient for growth are admirable. We mentioned the complete vary of India-UAE ties together with methods to spice up cultural and financial ties,” he tweeted.
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The Prime Minister additionally stated there was a 20% improve in India-UAE commerce for the reason that two international locations signed the Complete Financial Partnership Settlement final 12 months. His remarks got here following his assembly with the UAE President.
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He additionally stated that he received the love of a brother from Mr Al Nahyan and that Indians see him as a “true good friend”. “The style by which ties between our international locations have expanded, you’ve got made a giant contribution to that. Each individual in India views you as a real good friend,” he informed the President.
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He famous the UAE will this 12 months take over the management of COP-28, the United Nations Local weather Change Convention, and that he has determined to take part in it. He additionally met COP28 President-designate Sultan Al Jaber and guaranteed India’s full assist for UAE’s presidency for the local weather convention.
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“Had a really productive assembly with Dr. Sultan Al Jaber, the President-designate of @COP28_UAE. Our discussions centered on methods to additional sustainable growth. Highlighted India’s contribution on this route, particularly our emphasis on Mission LiFE,” tweeted PM Modi.
