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The seven agreements signed on Thursday are in the field of cybersecurity, infrastructure investment, renewable energy, space cooperation, insurance, cultural cooperation, and skills development and recognition of qualitifications. Image Credit: Twitter

New Delhi: Strategic ties between the UAE and India got a boost on Thursday following the signing of a number of bilateral deals.

India and the UAE signed seven agreements across several sectors on second day of the three-day visit to India of a high-powered UAE delegation.

 

 

Dr Ajay Kumar, Additional Secretary for Ministry of Communications and IT, Government of India, speaks to Gulf News.

Posted by Gulf News on Friday, 12 February 2016

Mohan Jashanmal, Chairman of Indian Business and Professional Group, speaks to Gulf News on UAE-India trade relations

 

Mohan Jashanmal chairman of Indian Business and Professional Group, speaks to Gulf News on UAE-India trade relations.

Posted by Gulf News on Friday, 12 February 2016

 

Yousuf Ali, Founder and Managing Director of the LuLu group, speaks at a UAE-India symposium in Mumbai

Yousuf Ali founder and managing director of the LuLu group speaks at a UAE-India symposium in Mumbai.

Posted by Gulf News on Thursday, 11 February 2016

 

The agreements are in the field of cybersecurity, infrastructure investment, renewable energy and space co-operation, Vikas Swarup, Indian External Affairs Ministry spokesman said in a tweet.

Three more agreements have already been exchanged in the fields of insurance, culture and skill development, he added.

Another agreement between Dubai Economic Council and India’s Exim Bank will be in signed in Mumbai on Friday. Also, a joint statement is expected to released Thursday.

“The leaders witness the exchange of four agreements across various sectors,” Swarup said after the agreements were signed by officials from both sides in the presence of His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Indian Prime Minister Narendra Modi at Hyderabad House, a palace where banquets and meetings for visiting foreign dignitaries are held.

Investments

The UAE, meanwhile, said it expects India to make investments in India further streamlined by removing existing bottlenecks.

“The UAE’s foreign direct investment in India is not very large in comparison to the size of the Indian economy. What we would like to see is a more attractive climate in terms of absorbing new investments from the UAE, and we are talking with each other to facilitate that,” Dr Anwar Mohammad Gargash, Minister of State for Foreign Affairs said in New Delhi.

Earlier in the day,  India rolled out the red carpet flanked by a crisply-garbed Guard of Honour to welcome Shaikh Mohammad. The high protocol ceremony on the forecourt of Rashtrapati Bhavan presidential palace was fitting for the formal reception for the visit.

Shaikh Mohammad was received by Modi at the forecourt of the palace. National anthems of both the UAE and India were played, followed by an inspection of the Guard of Honour by Shaikh Mohammad.

Later, Shaikh Mohammad visited the Raj Ghat, memorial site of the Mahatma Gandhi in New Delhi.

He observed a minute of silence and laid a wreath of flowers on the shrine.

Shaikh Mohammad met Indian President Pranab Mukherjee at the presidential palace for lunch.

Shaikh Mohammad was accompanied by Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai, Lt. General Shaikh Saif Bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, and Shaikh Hamed Bin Zayed Al Nahyan, Chief of the Abu Dhabi Crown Prince’s Court.

On Friday, he will leave for Mumbai where he will visit the Bombay Stock Exchange and meet Indian business leaders.