Modi’s visit also saw the signing of important agreements in energy, defence, infrastructure, shipping and advanced technology, alongside the announcement of USD 5 billion in UAE investments in India.
Bilateral merchandise trade between the two countries crossed USD 100 billion for the first time, reaching USD 101.25 billion in FY 2025-26. Both sides have committed to doubling bilateral trade to USD 200 billion by 2032.
Modi’s visit to the UAE further strengthens cooperation across energy security, defence, maritime infrastructure, artificial intelligence, supercomputing, investment and skill development, an official statement said.
A memorandum of understanding (MoU) was signed between Indian Strategic Petroleum Reserves Ltd. and Abu Dhabi National Oil Company, which will strengthen India’s energy security through deeper cooperation in the hydrocarbons sector.
The pact will ensure reliable access to critical energy resources. The partnership will also enhance India’s Strategic Petroleum Reserves framework. This will improve resilience against global supply disruptions and energy market volatility.
The agreement will create new opportunities in liquefied natural gas (LNG) and liquefied petroleum gas (LPG) storage infrastructure. It will support India’s efforts to diversify energy sources and expand storage capacity. The partnership will also help build a secure and future-ready energy ecosystem.
A pact was signed between Indian Oil and Abu Dhabi National Oil Company on supplies of LPG.
The collaboration will strengthen India’s long-term LPG supply security. It will ensure a stable and reliable energy source for domestic demand. The initiative will also deepen strategic energy cooperation between both countries. It will further reinforce the UAE’s position as one of India’s most trusted energy partners.
The two sides also agreed on a Framework for the strategic defence partnership, which will strengthen defence industrial cooperation between both countries.
It will encourage joint partnerships, co-development and greater industry engagement. The agreement would also promote innovation and technology sharing in strategic sectors. This will support cooperation in advanced defence manufacturing and capabilities. At the broader level, the partnership is expected to enhance national and regional security cooperation.
A agreement was signed between Cochin Shipyard Limited (CSL) and Drydocks World (DDW) on setting up ship repair cluster at Vadinar, Gujarat.
The initiative will boost shipping, port and coastal infrastructure development. It will strengthen India’s position as a growing maritime and logistics hub.
