New Delhi/Abu Dhabi:
Prime Minister Narendra Modi at the moment held talks with UAE President Sheikh Mohamed bin Zayed Al Nahyan, who obtained him on the airport on his arrival from France for an official go to to the Gulf nation.
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The central banks of India and UAE at the moment signed two memorandums of understanding to advertise the usage of native currencies for cross-border transactions and to interlink their fee and messaging programs.
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Sharing this replace, PM Modi mentioned, “This can be a crucial facet of India-UAE cooperation. It paves the way in which for enhanced financial collaboration and can make worldwide monetary interactions less complicated.”
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In addition to, the schooling ministries of the 2 nations and IIT-Delhi additionally signed a MoU to ascertain a department of the premier institute in Abu Dhabi.
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“This marks a big stride in our academic internationalisation and is testomony to India’s innovation prowess. Schooling is the bond that unites us, it is the spark that ignites innovation. Collectively, we are going to leverage this energy for mutual prosperity and international betterment,” tweeted the Prime Minister.
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PM Modi, who flew to Abu Dhabi this morning after concluding his whirlwind France tour, obtained a ceremonial welcome on the presidential palace and likewise inspected the guard of honour.
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“It’s all the time gladdening to fulfill HH Sheikh Mohamed bin Zayed Al Nahyan. His vitality and imaginative and prescient for growth are admirable. We mentioned the total vary of India-UAE ties together with methods to spice up cultural and financial ties,” he tweeted.
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The Prime Minister additionally mentioned there was a 20% improve in India-UAE commerce for the reason that two nations signed the Complete Financial Partnership Settlement final yr. His remarks got here following his assembly with the UAE President.
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He additionally mentioned that he obtained the love of a brother from Mr Al Nahyan and that Indians see him as a “true good friend”. “The way by which ties between our nations have expanded, you’ve got made an enormous contribution to that. Each particular person in India views you as a real good friend,” he instructed the President.
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He famous the UAE will this yr take over the management of COP-28, the United Nations Local weather Change Convention, and that he has determined to take part in it. He additionally met COP28 President-designate Sultan Al Jaber and guaranteed India’s full help for UAE’s presidency for the local weather convention.
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“Had a really productive assembly with Dr. Sultan Al Jaber, the President-designate of @COP28_UAE. Our discussions centered on methods to additional sustainable growth. Highlighted India’s contribution on this course, particularly our emphasis on Mission LiFE,” tweeted PM Modi.