Source : Times Now
|PM Narendra Modi (@narendramodi)|
Abu Dhabi: Prime Minister Narendra Modi will on Tuesday make a brief stopover in the United Arab Emirates (UAE) for a meeting with His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE and Ruler of Abu Dhabi to convey his condolences on the passing away of Sheikh Khalifa bin Zayed Al Nahyan, the former UAE president and ruler of Abu Dhabi.
In recent years, the relations between India and UAE have improved to a great extent. India and UAE signed the historic Comprehensive Economic Partnership Agreement (CEPA) aimed at boosting the merchandise trade between the two countries to US$ 100 billion over next five years.
India-UAE CEPA was signed on February 18, 2022 in New Delhi during the India-UAE virtual summit held between PM Modi, and Sheikh Mohammed Bin Zayed Al-Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Chairman of the Executive Council. India-UAE CEPA deal say many firsts including automatic authorisation for Indian pharma products, strict rules of origin and safeguard mechanism against surge in imports
CEPA would generate 10 lakh jobs across labour-intensive sectors such as textiles, gems and jewellery, leather, footwear, pharma, agriculture products, medical devices, plastics, sports goods and automobiles, the Ministry of Commerce & Industry had said following the agreement.
PM Modi is visiting the UAE a day after he attended the G7 Summit in Germany where he met US President Joe Biden, French President Emmanuel Macron, Canadian Prime Minister Justin Trudeau and several others. PM Modi, who visited Germany for a two-day visit, highlighted India’s efforts for green growth, clean energy, sustainable lifestyles and global wellbeing while addressing the G7 Summit.