India and the UAE signed cooperation agreements
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Indian Prime Minister Narendra Modi’s is on two-day visit to the United Arab Emirates(UAE).
During one-on-one and delegation-level talks both countries concluded a bilateral investment agreement and also signed a framework agreement on the India-Middle East Economic Corridor (IMEC).
Also signed cooperation agreements in electric interconnectivity, digital infrastructure projects and financial connectivity.
Also signed an agreement to link India’s Unified Payments Interface(UPI) with the UAE’s AANI instant payments platform. The same was also done for India’s RuPay cards with the UAE’s JAYWAN card, which was based on RuPay’s technology stack.
The Prime Minister will also inaugurate BAPS Mandir in Abu Dhabi, UAE.
Sheikh Mohammed Bin Zayed Al Nahyan, President of the UAE
INDO-UAE RelationsREAD: https://newssimplified.in/indo-uae-relations-basics-explained/
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