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UAE and India to sign trade, investment deal on Friday -Breaking

by Mike Robinson

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© Reuters. FILEPHOTO: India’s Prime Minister Narendra Modi (R), shakes hands with Sheikh Mohammed bin Zayed al-Nahyan Crown Prince Abu Dhabi’s and UAE’s deputy commander-in-chief, during a photo session ahead of their meet

DUBAI, (Reuters) – The United Arab Emirates and India are expected to sign a trade- and investment agreement Friday in a virtual summit that was attended both by their leaders.

UAE De facto Ruler Mohamed bin Zayed Al Nahyan, and Indian Prime Minister NarendraModi will attend the signing of the UAE–India Comprehensive Economic Partnership Agreement.

Arindam Bagchi (India’s spokesperson for the foreign ministry) said on Thursday at a news conference that he was not going to make any judgments about the outcome of the meeting between these leaders. The ministry will provide additional information on Friday.

He said, “Relations to the United Arab Emirates has really seen a deeperening and transformation over the past few years.”

WAM stated that Wednesday’s agreement “will usher in an era of economic collaboration and unlock greater avenues to trade and investment.”

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