Current affairs

Things to expect from Narendra Modi’s UAE visit

UAE hosts Indian Prime Minister Narendra Modi for two days.

Indian Prime Minister Narendra Modi is on a two-day visit to UAE. He is the first Indian prime minister in 34 years to do so. The last prime minister who went to UAE was the Late Indira Gandhi in 1984.

Narendra Modi

PM Modi interacting with Indians living in UAE

During his visit,  Narendra Modi is expected to meet Sheikh Mohammed Bin Rashid Al Maktoum, the Vice-President and Prime Minister of UAE and ruler Dubai. Modi is also scheduled to meet the Crown Prince Sheikh Mohamed bin Zayed Al Nahyan.

Here we bring the list of five things that Modi will be focusing on, in his two-day visit to UAE.

–  Modi is expected to talk about terrorism. One of the potential areas of cooperation between the two nations is security. Both the countries have treaties and agreements on extradition, mutual legal assistance in criminal and civil matters. Both the countries also aim to combat narcotics. Both the countries will also exchange information and engage in maritime cooperation.

–  Narendra Modi will also seek to enhance the cooperation in the energy sector with the world’s second largest Arab economy.

Modi will also aim to boost the cultural and social ties between the two nations. Both the nations share historical ties and has always maintained cultural exchanges at official and popular levels. Both the countries had also signed the Cultural Agreement in 1975.

India as an attractive business destination. Some of the most important investors in UAE are Indians and not only this, India is also an important destination for the UAE manufactured goods. In 1976, the trade between the two countries was valued at $180 million per annum; this value has gone up to $60 billion today. This also makes UAE, India’s third largest trading partner for the year 2014-2015, after China and the US. For UAE, India was the largest trading partner for the year 2013. The trade amounted over US$ 36 billion (non-oil trade).

Engage the Indian Diaspora living in UAE. Indians living in UAE form 33% of its population. They generate about $13 billion annually. Out of the entire population which consists of Indians in UAE, 65% are engaged in blue-collared jobs, 20% are engaged in white-collar jobs non-professional and the remaining 15-20% professionally qualified community.

Image Courtesy: Narendra Modi Facebook Page

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