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UAE aims to invest $75bn in India, 14 deals signed

Staff Writer | January 28, 2017
The UAE and India signed 14 pacts, including defense and energy, as part of groundwork for a strategic partnership between the two countries.
UAE and India
Trade cooperation   A strategic partnership between the two countries
The pacts were signed following a meeting between Sheikh 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 in New Delhi.

The agreements aim at establishing cooperation in defense manufacturing and technology, research, innovation, and cooperation between public and private sector institutions of the two countries.

The two countries will also collaborate in armaments, defense industries and transfer of technology.