A joint statement by the two governments said the UAE would help India develop strategic petroleum reserves in addition to its upstream and downstream petroleum sectors.
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It charged the basic tenets of the Constitution like secularism, justice, freedom, equality and fraternity are being compromised with and efforts are on to convert India from a secular state to one based on a particular religion.
The governments will “cooperate in manufacture of defence equipment in India”, the statement said without elaborating.
It may be recalled here that Prime Minister Narendra Modi had in his address at the 69th UN General Assembly on September 27, 2014, made an appeal for the adoption of the CCIT, which is a proposed treaty to bind together the existing framework (of counter-terrorism agreements) into a single system and deny safe haven to terrorists.
The develoment came as Prime Minister Narendra Modi held talks with the United Arab Emirate’s (UAE) Crown Prince Mohamed bin Zayed Al Nahyan here.
It said strengthen cooperation in law enforcement, anti-money laundering, drug trafficking, other trans-national crimes, extradition arrangements, as well as police training.
Recognising that India is emerging as the new frontier of investment opportunities, investment institutions in the UAE will be encourage to raise their investments in India, through the establishment of UAE-India Infrastructure Investment Fund.
They have also agreed to cooperate to strengthen maritime security in the Gulf and the Indian Ocean region, which is vital for the security and prosperity of both countries.
The want for an in depth strategic partnership between UAE and India has by no means been stronger or extra pressing, and its prospects extra rewarding, than in these unsure occasions, added the assertion. The two sides also decided to promote cooperation in cyber security, including prevention on use of cyber for terrorism, radicalization and disturbing social harmony.
The two sides agreed to strengthen defence relations, including through regular exercises and training of naval, air, land and special forces, and in coastal defence.
India warmly welcomed UAE’s decision to participate in global Fleet Review in India in February 2016.
According to news agency WAM, the fund will support investment in India’s plans for rapid expansion of next generation infrastructure, especially in railways, ports, roads, airports and industrial corridors and parks.
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It set a target of increasing bilateral trade by 60 percent in the next five years and pledged cooperation in developing and launching satellites, as well as peaceful uses of nuclear energy. The Prime Minister thanked UAE for its support for India’s candidature for permanent membership of a reformed United Nations Security Council. An estimated 2.6 million Indians are living in the UAE.
