MUMBAI, India / RankWire.AI / – 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. The meeting occurred amid Sheikh Abdullah’s official visit to India that started on October 19. The officials examined the enduring friendly relations between the UAE and India and explored methods to deepen cooperation under the umbrella of the Comprehensive Strategic Partnership and the Comprehensive Economic Partnership Agreement.
During the discussion, both parties considered opportunities to bolster collaboration in various sectors, including the economy, trade, investment, finance, culture, and energy. They also addressed additional fields that promote sustainable economic development and prosperity for their nations and citizens. Sheikh Abdullah emphasized that the longstanding historical connections between the UAE and India serve as a leading example of international collaboration. He highlighted that these ties are built on mutual trust, shared vision, and common interests.
The UAE’s commitment to strengthening its relationship with India was reiterated by Sheikh Abdullah, who pointed to achievements under the Comprehensive Strategic Partnership and the trade agreement. He noted that the partnership is supported by a rich history of close relations and cooperative efforts, which continue to accelerate, creating opportunities for expanded collaboration in sectors aligned with sustainable development goals.
Trade Surpasses $100 Billion After CEPA Implementation
The UAE-India Comprehensive Economic Partnership Agreement, signed in 2022, marked the first of its kind for the UAE. Jaishankar stated that bilateral trade has exceeded $100 billion since the agreement was enacted. He also mentioned that two-way investments are steadily increasing, with the economic partnership setting new standards. Strategic cooperation in defence, energy, and technology is also gaining prominence, he added. The relationship is further supported by a local currency settlement system and a bilateral investment treaty.
People-to-people connections constitute another vital element of this partnership. Approximately 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 highlighted the strengthening of cultural ties between the two nations. Sheikh Abdullah affirmed that this alliance enhances both countries’ roles as active contributors to global economic growth.
Officials Discuss Regional Security and Stability
Both parties examined recent regional and international developments, focusing on ways to fortify efforts to maintain peace and security at multiple levels. Jaishankar expressed concern over the current situation in West Asia, emphasizing India’s support for diplomatic dialogue and peaceful resolution efforts. 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 for his working visit, where 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, including earlier dialogue on security and energy involving the foreign ministers. Additionally, UAE President Sheikh Mohamed bin Zayed and Prime Minister Narendra Modi discussed bilateral relations during a phone call on September 18.