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India-UAE discuss cooperation in trade & investment, 2 agreements signed

ANI  |  Abu Dhabi [UAE] 

Sushma Swaraj co-chaired the 12th Meeting with the of the (UAE) Sheikh in on Tuesday, where discussions were held on a number issues and two key agreements were also signed.

An agreement on Currency Swap was inked along with a Memorandum of Understanding on Development Cooperation in

"Advancing the EAM @SushmaSwaraj & Sheikh co-chaired 12th India-UAE #JCM. Held exhaustive discussions on cooperation in energy, security, trade, investments, space, defence & consular, among others," Raveesh Kumar, the of the tweeted.

The EAM reached late on Monday for a two-day visit, where she is slated to inaugurate the in the UAE capital, interact with the Indian diaspora and call on the of Abu Dhabi, Sheikh today, before emplaning for

The two countries are among each other's largest trade partners with bilateral trade amounting to USD 50 billion. Apart from being the sixth-largest source of India's oil imports, the UAE has a 3.3 million strong Indian community.

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

First Published: Tue, December 04 2018. 17:25 IST