During the talks, the two leaders will witness the signing of agreements in the Indian capital, New Delhi, including the UAE-India Comprehensive Economic Partnership Agreement to usher in a new era of economic co-operation and unlock more routes for trade and investment. Negotiations began five months ago and proceeded swiftly.
Today, the UAE is India’s third largest trade partner and accounts for about 40 per cent of its trade with the Arab world. Bilateral non-oil trade is anticipated to rise to $100 billion within five years.
During the meeting the two leaders will aim to build on historic and strategic ties to strengthen co-operation across various sectors.
Sheikh Mohamed and Mr Modi will hold talks on regional and global issues of mutual concern, state news agency Wam reported. They will also discuss ways to establish stronger strategic ties under the Comprehensive Strategic Partnership signed in 2017.
Bilateral ties between the UAE and India have intensified significantly in recent years.
Sheikh Mohamed visited India in 2016 and 2017, while Mr Modi came to the UAE in 2015, 2018 and 2019, to deepen the bonds between the countries.
Last November, Sheikh Mohamed held talks in Abu Dhabi with India’s Minister of External Affairs, Subrahmanyam Jaishankar. The pair, along with a high-level delegation, discussed efforts to bolster the partnership between the Emirates and India.
Writing in The National in August, Pavan Kapoor, India’s ambassador to the UAE at the time, said: “The synergies, shared vision and complementary strengths of India and the UAE present a rare opportunity to contribute to the progress of not only our two countries, but also for the broader region and the world.”