India, UAE Ink 14 Pacts In Key Areas Like Defence, Security
In a bid boost to their strategic ties, India and the UAE today signed more than a dozen pacts in key areas like defence, security, trade and energy apart from a comprehensive strategic partnership agreement amidst assertion by Prime Minister Narendra Modi that cooperation stands poised for a “major take off”.
However, much-anticipated pact pertaining to the USD 75 billion investment fund, committed by the UAE, was not among the fourteen pacts which were signed after the talks between PM Modi and Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan.
Al Nahyan, who arrived here yesterday accompanied by a high-level delegation comprising ministers, senior officials and captains of industry, will be the Chief Guest at the Republic Day parade tomorrow.
Terming his discussions as “fruitful and productive”, PM Modi, at a joint press event with the UAE leader, said the discussions were wide ranging covering the entire spectrum of the bilateral engagement.