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India, UAE agree to work on joint development projects

Press Trust of India  |  Abu Dhabi 

and the UAE have agreed to start joint development projects for third countries, including in the war-torn Afghanistan, according to a joint statement issued today after Modi concluded his second visit to the Modi arrived in Abu Dhabi, the capital of the UAE, yesterday and held wide-ranging talks with the of as the two sides signed five agreements, including a historic pact awarding a consortium of Indian companies a 10 per cent stake in concession. He thanked the UAE for being a reliable partner in India's and invited the to visit The two leaders affirmed their vision of a forward- looking comprehensive strategic partnership for prosperity, growth and security of the two countries. "The two leaders also discussed the importance of sharing each other's experience in the field of development and aid.

In line with this, they agreed to initiate joint development projects for third countries, including exploring joint projects in in line with the need of the people of Afghanistan," the statement said. The two countries agreed to enhance consultations on mutual recognition of educational degrees. "They agreed to deepen cooperation especially in areas of smart classroom and digital education," the statement said. The two sides reiterated their common desire to work together in the spirit of South-South cooperation in sub- Saharan Africa, particularly through capacity-building, grants and loans, collaboration in trade and technology, and joint projects aimed at supporting the implementation of Sustainable Development Goals. Recognising that both and the UAE are multicultural and pluralistic societies, the two leaders reaffirmed their common resolve in promoting the values of tolerance, peace, inclusiveness and in countering extremist ideologies, the statement said. The two sides agreed to further enhance their cooperation in areas of and climate change under the United Nations Framework Convention on Climate Change. Modi visited the for the second time after his 2015 trip to the Gulf country.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, February 11 2018. 21:55 IST
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