India’s Modi praises India-UAE ties ahead of visit

Abu Dhabi: Narender Modi is the second Prime Minister of India after Indira Gandhi to visit UAE.

Modi said it is estimated R65bn, parked by law-breaking Indians in various banks, have been declared to the Indian authorities following the introduction of fresh legislations. Immediate potential for Dollars 1 trillion investment in India; Country has got a decisive and stable government: PM tells investors in UAE.

As they exchanged views on a wide range of regional and worldwide topics of mutual interest, the two sides emphasised their mutual desire to build more solid and robust ties. I will meet His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and Prime Minister of UAE. India and UAE are fantastically connected be it via air or through the sea.

He also interacted with Indian workers at the ICAD Residential Labour Camp, which houses thousands of migrant labourers from the Indian subcontinent.

“Discussing invest opprts over high level dinner”.

“In the world today, in the area of start-ups, the presence of Indian youth is very large”.

Modi will be seeking to tap the sovereign wealth fund for infrastructure projects in India.

About 2.6 million Indians represent almost 30 per cent of the inhabitants of this nation.

Around 20 percent of the Indian workers are white-collar professionals. Investments from the UAE so far have amounted to $10 billion-$3 billion in direct investment and the rest through the stock market.

Modi acclaimed the industrial good results along the Dubai and described usa being a “valued partner” and India’s “third-largest buying and selling partner”, introducing it occupies over one.ten lot of Indians.

Modi is here on a two-day official visit that will see talks focused on boosting cooperation in energy and trade.

They also “condemned extremism, violence and terrorism in all its forms” and urged the global community to step up efforts “to achieve peace and security” across the region, WAM added. “We are addressing some challenges of the past and creating a new vision for India-UAE in the future”.

However, Pakistan Prime Minister Nawaz Sharif greeted India and said “good neighbourly relations” will benefit both New Delhi and Islamabad. The other major highlight of the city is a battery-operated driver less vehicle, which the Prime Minister travelled on during his visit to the city on Monday.

An official organising committee called “Namo in Dubai” has been set up to make arrangements and a website has been launched to invite online registration for attending the reception.

His last engagement on Monday is a public engagement with the Indian diaspora at the Dubai Cricket Stadium where around 50,000 Indian expatriates have registered to attend. Modi wanted, it seemed, to keep to the pep-talk format, which included the unapologetic self-congratulatory turns of phrase as well.