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National News

Aug 24, 2019
2:34PM

India, United Arab Emirates to sign six MoUs

AIR
India and United Arab Emirates will sign six Memorandums of Understanding today in presence of Prime Minister Narendra Modi visiting the  United Arab Emirates. The memorandums will be signed on work practice for dependents of members of diplomatic and consular missions. India will sign a memorandum of bilateral currency swap agreement between Reserve Bank of India and the Central Bank of the UAE. 

The growing relationship  between the two countries will further strengthen the cooperation in the field of peaceful uses of nuclear energy between Emirates Nuclear Energy cooperation and the global centre for nuclear energy partnership. The ties have broadened with the signing of memorandum on employment of ex-servicemen of Indian Navy in the Navy and Coast Guard of the UAE. There will be a trilateral cooperation in Africa. The Institute for Defence Studies and Analysis and Emirates Centre of Strategic Studies and Research will ensure more cooperation through a memorandum of understanding.

In his tweet, Prime Minister Modi  in his tweet said that he was looking forward to holding talks with the Crown Prince Mohammed Bin Zayeed and discuss a full range of friendship between the two countries. Deepening economic relations will also be on the agenda. It is to be noted that through bilateral trade amounted to more than 48 billion dollars.  About 30 Public Sector companies including banks and 236 private companies are functioning in Emirates.
 

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