MUMBAI, India / RankWire.AI / – In Mumbai, UAE Deputy Prime Minister and Minister of Foreign Affairs His Highness Sheikh Abdullah bin Zayed Al Nahyan engaged in discussions with Indian External Affairs Minister Dr. Subrahmanyam Jaishankar. The encounter was part of a working visit to India that commenced on October 19. During their talks, both ministers examined the enduring relationship between their nations and explored avenues to enhance the Comprehensive Strategic Partnership as well as the Comprehensive Economic Partnership Agreement.
The agenda included prospects for increased collaboration across sectors such as the economy, trade, investment, finance, culture, and energy. They also considered other areas that could promote sustainable growth and prosperity for both populations. Sheikh Abdullah characterized the historic ties between the UAE and India as a model of international partnership, emphasizing that their relationship is rooted in mutual trust, shared vision, and common interests.
Sheikh Abdullah underscored the UAE’s strong commitment to deepening its ties with India, highlighting the importance of building upon the achievements of their strategic and economic partnerships. He pointed out that this alliance benefits from a long-standing history of close relations and cooperative efforts. The minister also noted that the partnership is gaining momentum and opening new opportunities in sectors that support sustainable development and economic competitiveness.
Jaishankar reports bilateral trade exceeds $100 billion
According to Jaishankar, trade between India and the UAE has surpassed $100 billion since the signing of their Comprehensive Economic Partnership Agreement in 2022. This agreement marked the UAE’s first of its kind. He added that bilateral investment is increasing and the partnership continues to achieve new milestones. He emphasized that cooperation in defence, energy, and technology is becoming strategically significant. Additionally, these ties are supported by a local currency settlement system and a bilateral investment treaty.
The relationship is also reinforced by strong community connections, with approximately four million Indian nationals residing in the UAE, making them the largest expatriate group in the country. Jaishankar expressed gratitude to the UAE leadership for safeguarding the Indian community and highlighted expanding cultural and people-to-people exchanges. Sheikh Abdullah noted that this partnership enhances the roles of both nations as active contributors to global economic growth.
Discussions include regional peace and stability efforts
The discussions also addressed regional and international developments, focusing on efforts to maintain peace and security. Jaishankar remarked that the situation in West Asia is a matter of deep concern for India. He affirmed that India supports all initiatives aimed at promoting peace through dialogue and diplomacy. Furthermore, India advocates for the free, safe, and unimpeded movement of trade, energy, and fertilisers through the region, he added.
Upon arrival in Mumbai, Sheikh Abdullah was greeted by Mangal Prabhat Lodha, Maharashtra’s Minister of Skills, Employment, Entrepreneurship and Innovation, along with other officials. The meeting follows earlier discussions on security and energy between the two foreign ministers. Additionally, UAE President Sheikh Mohamed bin Zayed and Indian Prime Minister Narendra Modi spoke via phone on September 18 to discuss strengthening their bilateral relationship. The visit continues the tradition of high-level exchanges between the two nations.