UAE India Relations
The United Arab Emirates (UAE) and India have enjoyed a strong relationship based on mutual respect and a shared understanding of their strategic interests since the UAE’s formation in 1971. The relationship between the two countries is based on mutual trust, deep economic cooperation, people-to-people contacts, and a strong commitment to maintaining regional peace and stability.
The UAE and India have traditionally shared strong political and economic ties that have grown significantly over time. These ties were further strengthened in August 2020 when the UAE-India Comprehensive Strategic Partnership Agreement was signed. This agreement has further deepened the two countries’ commitment to work together on a broad range of issues, including trade, investment, security, and counter-terrorism.
The UAE and India have a long-standing and close relationship. The UAE is the second-largest trading partner of India and the largest source of crude oil for India, accounting for about 25% of India’s oil imports. India is the second-largest trading partner of the UAE, with bilateral trade between the two countries reaching US$60 billion in 2018-19. India is also the UAE’s largest source of imports, accounting for nearly a quarter of total imports into the UAE.
The UAE is also one of the largest investors in India, with investments totaling US$10.1 billion in 2019-20. The UAE and India have also agreed to cooperate on a range of projects, including the development of the joint UAE-India Virtual Investment Platform, the construction of the new Khalifa Port in the UAE, and the setting up of a joint venture in India to produce oil and gas.
The UAE and India share a close and enduring people-to-people relationship. There are an estimated 3.3 million Indians living in the UAE, making up the largest expatriate community in the country. These expatriates make a significant contribution to the UAE economy and are a vital link between the two countries.
The two countries have also signed a number of agreements to strengthen their cooperation on a range of issues, including trade, investment, security, and counter-terrorism. The UAE and India have also established a Joint Working Group to explore further areas of cooperation, such as energy, infrastructure, and defense.
The relationship between the UAE and India is not just limited to the economic and political spheres. The two countries also share strong cultural ties, with the UAE being home to a large Indian population. Indian culture and values have had a profound influence on the UAE, particularly in the field of architecture, which has been heavily influenced by the Indian style. Additionally, the two countries share a deep appreciation of art and music, as well as a shared commitment to protecting the environment.
The UAE and India are also working together on a number of regional and international issues. The two countries are working closely to promote peace and stability in the region, particularly in the Middle East, and have joined forces to counter the threat of terrorism in the region.
The UAE and India have also established a Strategic Dialogue Mechanism to discuss a range of issues, including maritime security, counter-terrorism, and energy security. The two countries are also working together to address the humanitarian and security challenges in Yemen and Afghanistan. The UAE and India are also committed to working together to promote economic and social development in the region.
The UAE and India have also signed a number of agreements to promote cooperation in the field of science and technology. The two countries have established a Joint Working Group on Science and Technology to discuss areas of collaboration, such as space exploration, advanced materials, and biotechnology.
The UAE and India have a long and close relationship that has been further strengthened by the signing of the UAE-India Comprehensive Strategic Partnership Agreement. The two countries share strong economic, political, and cultural ties, and are committed to working together on a range of regional and international issues. The UAE and India are also working together to promote economic and social development in the region, as well as to counter terrorism and promote maritime security.
Summary
This agreement has further deepened the two countries’ commitment to work together on a broad range of issues, including trade, investment, security, and counter-terrorism. The UAE and India have also agreed to cooperate on a range of projects, including the development of the joint UAE-India Virtual Investment Platform, the construction of the new Khalifa Port in the UAE, and the setting up of a joint venture in India to produce oil and gas. The two countries have also signed a number of agreements to strengthen their cooperation on a range of issues, including trade, investment, security, and counter-terrorism. The UAE and India have also established a Strategic Dialogue Mechanism to discuss a range of issues, including maritime security, counter-terrorism, and energy security.
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It’s amazing to see how the UAE and India have been able to strengthen their relations over the years. The increased cooperation in various areas of business, culture, and education is a testament to the mutual respect and trust between the two countries. I’m confident that this strong bond will continue to grow in the future.