Prime Minister Narendra Modi on Friday arrived in United Arab Emirates (UAE) on his two days visit to discuss bilateral issues on Friday.
PM Modi reached the UAE capital Dubai from Paris, on his second leg of three-nation tour where he will next head to Bahrain.
He met the Crown Prince Mohamed Bin Zayed and led delegation levels talks. At the meeting, he discussed the strong India-UAE comprehensive strategic partnership.
PM Modi will also receive the ‘Order of Zayed’, the highest civilian decoration conferred by the UAE government.
“We consider the UAE as a valuable partner in realising the objective to reach USD 5 trillion economy through mutually beneficial partnership,” PM Modi told a local news agency.
“India has embarked on the ambitious, yet achievable, path to be a USD five trillion economy by 2024-25. We are targeting about USD 1.7 trillion dollar worth of investment in the coming five years,” the PM was quoted as saying.
According to reports, this is PM Modi’s third visit to the Muslim nation.
Strategically, the UAE is important for India, as it is India’s third-largest trading partner and the bilateral trade is worth $60 billion.
UAE is also fourth-largest crude oil exporter to India and more than 30 lakh Indians live in the nation.
PM Modi is also expected to launch the Rupay debit card. Last week, PM Modi also launched the debit card in Bhutan.
From Abu Dhabi, PM Modi will head to Bahrain where he will hold talks with King Shaikh Hamad bin Isa Al Khalifa and also witness the re-development of the temple of Shreenathji — the oldest in the Gulf region.
This will be the first visit by an Indian Prime Minister to Bahrain after which PM Modi will return back to France to attend the G7 Summit on Sunday.