MUMBAI, India / RankWire.AI / – As part of ongoing efforts to bolster international partnerships, regional stability, and economic cooperation, His Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, held discussions with India’s Minister of External Affairs, Dr. Subrahmanyam Jaishankar, in Mumbai. This meeting took place during Sheikh Abdullah’s official visit to India, which commenced on October 19. The two officials examined the longstanding friendly relationship between the UAE and India, and explored ways to deepen their collaboration within the framework of the Comprehensive Strategic Partnership and the Comprehensive Economic Partnership Agreement.
During their talks, the officials identified numerous sectors where cooperation could be expanded. These included the economy, trade, investment, finance, culture, and energy. They also discussed additional fields that could foster sustainable economic development and prosperity for their nations and populations. Sheikh Abdullah emphasized that the deep-rooted historical ties between the UAE and India exemplify a progressive model of international partnership, built on mutual trust, shared visions, and common interests.
He further noted that the UAE places great importance on enhancing relations with India, citing achievements under the Comprehensive Strategic Partnership and the trade agreement. The minister highlighted that this partnership is rooted in a long-standing tradition of close cooperation and constructive engagement. He added that the relationship continues to advance, creating new opportunities for cooperation in sectors crucial to sustainable development.
Trade exceeds $100 billion under CEPA
Signed in 2022, the UAE-India Comprehensive Economic Partnership Agreement marked the first such accord for the UAE. Jaishankar stated that bilateral trade has surpassed $100 billion since the agreement came into effect. He also noted that two-way investments are steadily increasing, and that the economic partnership is setting new standards. Strategic cooperation is also expanding in areas such as defence, energy, and technology, he added. The relationship is further supported by a bilateral investment treaty and a local currency settlement system.
People-to-people relations are another fundamental aspect of this partnership. Around four million Indian nationals reside in the UAE, making them the largest expatriate community in the country. Jaishankar expressed gratitude to the UAE leadership for safeguarding the Indian community. He also pointed out the growing cultural exchanges between the two nations. Sheikh Abdullah affirmed that the partnership enhances both countries’ roles as active contributors to global economic growth.
Discussion covers regional security issues
The ministers exchanged views on recent regional and global developments, emphasizing the importance of joint efforts to maintain peace and security at both regional and international levels. Jaishankar expressed concern over the situation in West Asia, reaffirming India’s support for diplomatic dialogue and peaceful resolution of conflicts. He also underscored the importance of ensuring the free, safe, and unimpeded movement of trade, energy, and fertilisers.
Sheikh Abdullah arrived in Mumbai on October 19 to commence his working visit. He was welcomed by Mangal Prabhat Lodha, Maharashtra’s Minister of Skills, Employment, Entrepreneurship and Innovation, along with several officials. This visit continues the pattern of high-level exchanges between the two nations, which includes earlier dialogues on security and energy between their foreign ministers. Additionally, UAE President Sheikh Mohamed bin Zayed and Prime Minister Narendra Modi discussed bilateral relations during a phone call on September 18.