Key Points
During Prime Minister Narendra Modi's visit to Abu Dhabi, India and the UAE signed 10 pacts to enhance collaboration in key sectors like energy, infrastructure, investments, and management of archives..
Kwatra highlighted the significance of the agreements, covering various areas of cooperation between India and the UAE..
"The main areas under this particular agreement which are covered are one relating to cooperation on logistics platforms, which is a crucial element of furthering the objectives of this particular quality to the provision of supply chain services, and our supply chain services not just limited to one or two things but to cover all types of general cargo while containers and liquid," he said.. "One of the aims is to see how quickly the IMEC gets operated and benefits the core objective of stronger, deeper, more extensive regional connectivity between the parties involved," Kwatra said...
"This is a framework agreement that focuses on investment cooperation in the field of digital infrastructures, naturally, as a corollary of that the focus is on developing capabilities, sharing technical knowledge, advice, skills, and expertise under this particular framework, government agencies as also the regulatory authorities will also look to forge partnerships under this particular digital infrastructure MOU...
Briefing about the bilateral investment treaty between India and the UAE, Kwatra said that the agreement will set the basis for stronger and more extensive and wide-ranging investment partnerships because it focuses not just on protecting the existing investments...
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