India, UAE to deepen cooperation in emerging areas, boost investments

India and the UAE on Saturday reiterated the importance of their Comprehensive Strategic Partnership and discussed opportunities to deepen cooperation in emerging areas, including defence, space, nuclear energy, technology and innovation.

Prime Minister Narendra Modi and Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan met on the sidelines of the 18th BRICS Summit here and agreed to continue working closely through the grouping to advance shared interests and priorities and further strengthen bilateral cooperation.

The leaders reviewed the progress made in bilateral ties across a wide range of sectors, according to an official statement.

They welcomed the announcement by the UAE’s International Holding Company to invest $11.5 billion in developing an integrated greenfield aluminium project in Odisha, which is set to be India’s largest integrated aluminium investment. The project is expected to position Odisha as a global aluminium manufacturing hub.

The leaders also acknowledged the important role that sovereign investment platform L’Imad could play in further deepening the India-UAE partnership for mutual benefit.

“The visit reaffirmed the tradition of regular leadership-level engagement and the generational continuity that underpins the enduring relationship between India and the UAE,” the statement said.

Sheikh Khaled arrived in New Delhi on Friday to attend the 18th BRICS Summit being hosted by India under its chairship.

BRICS comprises Brazil, China, Egypt, Ethiopia, India, Indonesia, Iran, Russia, Saudi Arabia, South Africa and the UAE. Its partner countries are Belarus, Cuba, Bolivia, Kazakhstan, Malaysia, Nigeria, Thailand, Uganda, Uzbekistan and Vietnam.

The Abu Dhabi Crown Prince’s visit comes after PM Modi and UAE President Sheikh Mohamed bin Zayed Al Nahyan met on the sidelines of the G7 Summit in Evian, France, on June 16.

(IANS Inputs)

RELATED ARTICLES

27/10/26 | 8:26 pm | Artificial intelligence

12th BRICS Parliamentary Forum Adopts Joint Declaration on Global Cooperation, UN Security Council Reform, AI and Counter-Terrorism

The 12th BRICS Parliamentary Forum concluded in New Delhi on Tuesday with the adoption of a Joint Declaration, reaffirming the role of inter-parliamentary cooperation in strengthening mutual understanding, building trust among nations, supporting the...

27/10/26 | 7:09 pm | 12th BRICS parliamentary forum

Rajya Sabha Deputy Chairman Calls for Global Cooperation, Technology Sharing and Common but Differentiated Responsibilities for Sustainable Development

Deputy Chairman of the Rajya Sabha Harivansh on Tuesday stressed that sustainability requires stronger international cooperation, greater access to finance, technology sharing and respect for the principle of Common but Differentiated Responsibilitie...

27/10/26 | 6:37 pm | 12th BRICS parliamentary forum

Radhakrishnan Expresses Confidence 12th BRICS Parliamentary Forum Will Boost Global Innovation

Rajya Sabha Chairman C. P. Radhakrishnan expressed confidence that the 12th BRICS Parliamentary Forum would strengthen global innovation efforts and create new possibilities for innovations across member and partner countries while hosting a luncheon...