World News | From Energy Security to AI: PM Modi, UAE President Sign Transformative Pacts to Bolster Strategic Ties
Get latest articles and stories on World at LatestLY. PM Narendra Modi and UAE President Sheikh Mohamed bin Zayed Al Nahyan signed a landmark "strategic defence partnership" and energy pacts to "boost India's energy security" during a high-stakes visit. The outcomes include a "USD 5 billion investment commitment" and AI cooperation, significantly deepening the "friendship" amid regional volatility.
Abu Dhabi [UAE], May 15 (ANI): Strengthening the architecture of the India-UAE Comprehensive Strategic Partnership, Prime Minister Narendra Modi on Friday formalised a series of pivotal agreements with UAE President Mohamed bin Zayed Al Nahyan aimed at fortifying regional security and energy resilience amidst the ongoing West Asian crisis.
During a swift yet impactful diplomatic stopover, PM Modi held wide-ranging discussions with the UAE leader, whom he referred to as his "brother".
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During the meeting, the Prime Minister condemned recent strikes against the Gulf nation while lauding the UAE for its "restraint" in the face of such threats during the conflict involving US and Iranian forces.
MEA spokesperson Randhir Jaiswal outlined a transformative list of outcomes from the PM Modi's visit.
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A central pillar of this engagement is a Strategic Collaboration Agreement between Abu Dhabi National Oil Company (ADNOC) and Indian Strategic Petroleum Reserves Limited (ISPRL).
This pact is designed to "boost India's energy security" and enhance petroleum reserves at a time when the closure of the Strait of Hormuz has triggered domestic shortages of LPG.
Furthering this energy alliance, the two nations signed a framework for a "strategic defence partnership".
This agreement is geared towards "strengthening defence industrial collaboration", accelerating innovation and the "sharing of technology" to bolster both national and regional security.
On the infrastructure front, the leaders greenlit the establishment of a 'Ship Repair Cluster' at Vadinar in Gujarat. Accompanying this is a dedicated arrangement for "skill development in ship repair" to empower the Indian workforce.
This initiative is expected to enhance coastal infrastructure and provide a significant fillip to the 'Make in India' programme.
In a push for digital sovereignty, the two sides agreed to establish a "supercomputer cluster" to fuel India's "AI ambitions".
This was backed by a massive "USD 5 billion investment commitment" from the UAE, aimed at generating employment and creating more robust markets.
As he departed, PM Modi expressed immense optimism regarding the bilateral trajectory.
"Held extensive discussions with my brother, His Highness Sheikh Mohamed bin Zayed Al Nahyan, on ways to further deepen the India-UAE Comprehensive Strategic Partnership. I am confident that the outcomes of this visit will further strengthen our friendship and contribute to growth and prosperity," he stated. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)