Abu Dhabi Crown Prince, Indian Prime Minister to hold virtual summit

Thu, 2022-02-17 09:13

DUBAI: Sheikh Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi, will hold a virtual summit on Friday, Feb. 18 with India’s Prime Minister Narendra Modi. 

The two countries hope the meeting will deepen the historic and strategic ties between them by strengthening cooperation and joint partnerships in various fields, state news agency WAM reported. 

These include the UAE-India Comprehensive Economic Partnership Agreement (UAE-India CEPA), which will introduce a new era of economic cooperation and unlock greater opportunities for trade and investment. 

Sheikh Mohamed and Modi will also discuss several regional and global issues of mutual concern. 

Bilateral ties between both countries intensified significantly in the recent years. 

Today, the UAE is India’s third largest trade partner and accounts for approximately 40 percent of its trade with the Arab world.

Bilateral non-oil trade is anticipated to rise to $100 billion within five years.

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