India, UAE Agree To ‘Double’ Bilateral Trade To $200bn In Six Years
India, UAE Agree To ‘Double’ Bilateral Trade To $200bn In Six Years
Several agreements including a major gas deal were finalized during MbZ’s talks with India’s premier in New Delhi
India and the UAE have agreed to double their bilateral trade to $200 billion within six years and boost defense ties, during talks between UAE President Mohammed bin Zayed (MbZ) and Indian Prime Minister Narendra Modi in New Delhi.
During the meetings, New Delhi and Abu Dhabi also finalized a 10-year Liquefied Natural Gas (LNG) deal for the supply of 0.5 million metric tons of LNG by Emirati state energy company ADNOC to India’s Hindustan Petroleum Corp Ltd.
They have also inked agreements on defense cooperation, space, food exports, investment, and advanced computing.
Indian Foreign Secretary Vikram Misri briefed reporters after the talks and said the new trade target reflects the “growing depth” of the economic partnership between the UAE and India.
🔗SOURCE ➡️ The Cradle
Related: 11/29/25 — Trump’s Actions Now Mirror the Biden Regime’s Foolish Tantrum for Control, and Will Only Serve to Expedite the Rise of BRICS and Collapse of US Hegemony by Feeding Into the Dynamic I Outlined in My Prediction of BRICS Rising [March 2022]
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Saudi Arabia and UAE Signal Possible Breakaway From US, Growing Relationship with China/Russia Alliance…India isn’t the only country seeking to phase out the dollar in its international trade, Saudi Arabia is seeking to start accepting the Yuan for their oil..
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As Saudi Arabia is seeking to abandon the Petrodollar, India is seeking to phase out the dollar as a reserve currency in trade with Russia, the dollar’s reserve currency status faces a great threat.
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