India
PM Modi to inaugurate first Hindu temple in Abu Dhabi, hold talks with President Sheikh Mohamed bin Zayed
The two countries are among each other’s top trading partners with a bilateral trade of about USD 85 billion in 2022-23, according to official data. The UAE is also among the top four investors in India in terms of foreign direct investments in 2022-23.
FP Staff
February 10, 2024 20:31:13 IST
Prime Minister Narendra Modi is set to address the gathering virtually. ANI
It said Modi will also inaugurate the BAPS Mandir, the first Hindu temple in Abu Dhabi, adding he will also be addressing the Indian community in the UAE at an event in Zayed Sports City.”India and UAE enjoy warm, close and multi-faceted relations underpinned by strong political, cultural and economic linkages,” the MEA said.Following the landmark visit of Modi to UAE in August 2015, bilateral relations between the two countries were elevated to a Comprehensive Strategic Partnership.Both countries signed a Comprehensive Economic Partnership Agreement (CEPA) in February 2022 and a Local Currency Settlement (LCS) System in July 2023 to promote the use of Indian Rupee and AED (United Arab Emirates Dirham) for cross-border transactions.The two countries are among each other’s top trading partners with a bilateral trade of about USD 85 billion in 2022-23, according to official data. The UAE is also among the top four investors in India in terms of foreign direct investments in 2022-23.“About 3.5 million strong and vibrant Indian community forms the largest expatriate group in the UAE. Their positive and well-appreciated contribution in the development of their host country has been an important anchor of our excellent bilateral engagement,” the MEA said.With inputs from PTI.Join our Whatsapp channel to get the latest global news updates
Published on:
February 10, 2024 20:31:13 IST
TAGS:
Abu Dhabi Temple
India-uae Ties
Mohamed Bin Zayed Al Nahyan
Pm Modi
<!– Desktop Ad–><!– Mobile Ad–>
See original article:
