India and UAE sign seven pacts across various sectors

India and the United Arab Emirates signed seven agreements across various sectors yesterday, the second day of a three-day visit to by Sheikh Mohamed bin Zayed al-Nahyan, Crown Prince of Abu Dhabi and Deputy Commander of the UAE Armed Forces.
“The strength of a multifaceted relationship. The leaders witness the exchange of four agreements across various sectors,” external affairs ministry spokesman Vikas Swarup tweeted after the agreements were exchanged by officials from both sides in the presence of Sheikh Mohamed and Prime Minister Narendra Modi.
The four agreements cover the fields of cyber security, infrastructure investment, renewable energy and currency swap arrangements, he said.
“Three more agreements have already been exchanged in the fields of insurance, culture and skill development,” Swarup stated in another tweet.
An eighth agreement between EXIM Bank of India and Dubai Economic Council will be signed during the crown prince’s visit to Mumbai today.
Earlier yesterday, after being accorded a ceremonial welcome at the Rashtrapati Bhavan and paying floral tribute to Mahatma Gandhi at Rajghat here, the crown prince held a restricted meeting with Modi at the latter’s 7 Race Course Road here.
“Productive interaction with HH Mohamed bin Zayed al-Nahyan. Avenues of India-UAE co-operation are immense,” Modi later tweeted.
Following this, Sheikh Mohamed called on President Pranab Mukherjee at the Rashtrapati Bhavan.
During the meeting, Mukherjee expressed “great satisfaction” at the elevation of the relationship between India and the UAE to a comprehensive strategic partnership.
“Welcoming the crown prince, the president conveyed that India shares UAE’s desire for a closer partnership between the two countries,” a statement issued by the President’s Secretariat said.
Mukherjee said India appreciated the vision of the crown prince’s father, Sheikh Zayed bin Sultan al-Nahyan, and the personal commitment of the crown prince to strengthen bilateral ties with India.
“President said it was a matter of great satisfaction that the two countries have decided to elevate their relations to a comprehensive strategic partnership,” the statement said.