India and the UAE on Saturday signed five agreements, including in the areas of energy and transportation, following delegation-level talks headed by Indian Prime Minister Narendra Modi and Crown Prince of Abu Dhabi and Deputy Commander of the UAE Armed Forces Sheikh Mohammed Bin Zayed Al Nahyan here.
Two MoUs were signed on cooperation in the fields of manpower and transportation, it is learnt.
During the delegation-level talks, the issues of security, investment and people-to-people ties figured.
As of 2016-17, India-UAE trade stood at around $52 billion, making India the largest trading partner of the UAE, while the Gulf nation is the fourth largest trading partner of India.
After laying the foundation stone on Sunday, Modi will travel to Dubai where he will deliver the keynote address at the Sixth World Government Summit, in which India is the guest of honour country this year.
Modi arrived here on Saturday evening on the second leg of his three-nation tour to West Asia and the Gulf.
This is Modi's second visit to the UAE, home to over three million expatriate Indians, after his visit in 2015, which was the first by an Indian Prime Minister in 34 years.
Earlier on Saturday, he visited Palestine in what was the first ever prime ministerial visit from India there.
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