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Modi-Al Nahyan meet: Nuclear power to gas supply and food parks, India-UAE sign 5 MoUs

FP Staff September 9, 2024, 16:58:00 IST

An agreement for long-term supply of Liquefied natural gas (LNG) has been inked between Abu Dhabi National Oil Company (ADNOC) and Indian Oil Corporation (IOC) Limited on Monday, September 9

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During the bilateral meeting, PM Modi and the Crown Prince of Abu Dhabi, Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, discussed the multifaceted India-UAE relations and avenues to broaden the comprehensive strategic partnership to new and emerging areas. Source: X/@MEAIndia
During the bilateral meeting, PM Modi and the Crown Prince of Abu Dhabi, Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, discussed the multifaceted India-UAE relations and avenues to broaden the comprehensive strategic partnership to new and emerging areas. Source: X/@MEAIndia

India and the United Arab Emirates (UAE), on Monday, signed five memorandum of understandings (MoUs) or agreements during the official visit of the Crown Prince of Abu Dhabi, Sheikh Khaled bin Mohamed bin Zayed Al Nahyan.

Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, who is on a two-day (September 8-9) India visit, has been invited by Prime Minister Narendra Modi, making it his first visit to New Delhi as the Crown Prince.

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India-UAE sign 5 MoUs: What are they?

1 - India and the UAE have signed an agreement in the field of Barakah Nuclear Power Plant Operations and Maintenance between Emirates Nuclear Energy Company and Nuclear Power Cooperation of India Limited (NPCIL).

2 - An agreement for long-term supply of Liquefied natural gas (LNG) has also been inked between Abu Dhabi National Oil Company (ADNOC) and Indian Oil Corporation (IOC) Limited.

3 - A MoU has also been signed between ADNOC and India Strategic Petroleum Reserve Limited (ISPRL).

4 - The government of Gujarat and Abu Dhabi Developmental Holding Company have also signed a MoU on food parks development in India.

5 - A production concession agreement for Abu Dhabi Onshore Block 1 has been signed between Urja Bharat and ADNOC.

Earlier in the day, PM Modi and the Crown Prince of Abu Dhabu held bilateral talks at Hyderabad House in New Delhi.

National Security Adviser (NSA) Ajit Doval, Union Minister of Petroleum and Natural Gas Hardeep Singh Puri, Union Minister of Commerce and Industry Piyush Goyal and other officials were present in the meeting.

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The bilateral talks centred around strengthening the overall strategic partnership between India and the UAE.

The Indian Prime Minister on Monday welcomed Abu Dhabi Crown Prince and both the leaders exchanged a warm embrace.

Also Read: WATCH: PM Modi hugs Abu Dhabi Crown Prince on his first India visit, what’s on his 2-day schedule

The Crown Prince of Abu Dhabi will be meeting President Droupadi Murmu and on Tuesday (September 10), he will visit Mumbai where he will participate in a Business Forum in which business leaders from India and the UAE will participate.

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In February this year, PM Modi visited UAE and held discussions with UAE President Sheikh Mohamed bin Zayed Al Nahyan on the India-UAE bilateral relationship. The visit witnessed the exchange of eight agreements.

With inputs from agencies.

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