India, UAE sign 7 agreements across various sectors

invesUAEOn the second day of his visit to India, Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Commander of the UAE Armed Forces, seven agreements were signed that spans various sectors.

The agreements were exchanged by officials from both sides, in the presence of Sheikh Mohamed and PM Narendra Modi.

External Affairs Ministry spokesman Vikas Swarup said four agreements covered cyber security, infrastructure investment, renewable energy and currency swap arrangements. Three more were exchanged in the fields of insurance, culture and skill development.

An eighth agreement between EXIM Bank of India and the Dubai Economic Council is to be signed shortly in Mumbai.

Earlier, after a ceremonial welcome at Rashtrapati Bhavan and paying floral tribute to Mahatma Gandhi at Rajghat in Delhi, the crown prince held a restricted meeting with PM Modi. The Sheikh also called on President Pranab Mukherjee at the Rashtrapati Bhavan, during which President Mukherjee expressed great satisfaction at the elevation of the relationship between India and the UAE.

The crown prince warmly responded and expressed his desire to create a strong bridge of friendship and cooperation between India and the UAE.