The President of the United Arab Emirates (UAE) paid an official visit to India | Current Affairs | Vision IAS
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In Summary

  • India and UAE aim to double bilateral trade to over US$ 200 billion by 2032, promoting new markets via initiatives like Bharat Mart.
  • Agreements include a Strategic Defence Partnership for technology, training, and cyber cooperation, and a 10-year LNG supply deal.
  • Key aspects of India-UAE relations include the 2022 CEPA boosting trade to nearly USD 100 billion, with UAE as a major trading partner and energy supplier.

In Summary

Key Outcomes of Visit:

  • Strategic Announcements:
    • Trade Target: Agreed to double bilateral trade to over US$ 200 billion by 2032.
      • Both countries will promote new markets through initiatives like Bharat Mart, Virtual Trade Corridor and Bharat-Africa Setu.
    • Civil Nuclear Cooperation: Explore partnerships in advanced nuclear technologies, including Small Modular Reactors (SMRs) and nuclear safety, following enactment of the SHANTI Act 2025. 
    • Establishment of Digital/ Data Embassies: A Digital/Data embassy is an offshore centre where a nation-state stores its critical digital data, to ensure digital continuity and sovereignty against cyberattacks, natural disasters, or geopolitical conflicts.
    • AI & Tech: Collaboration for a supercomputing cluster under AI India Mission.
  • Key Agreements / MoUs / LoIs:
    • Strategic Defence Partnership: Aims to establish framework for deepened defence cooperation across technology, training and cyber domains.
    • Energy Supply: SPA (Sales & Purchase Agreement) for 0.5 MTPA LNG supply from ADNOC Gas to HPCL for 10 years.

Key aspects of India- UAE Relations 

  • Signed the Comprehensive Economic Partnership Agreement (CEPA) in 2022, which helped boost bilateral trade to nearly USD 100 billion by FY 2024–25.
  • UAE is consistently India's third-largest trading partner and second-largest export destination.
  • UAE is India’s major crude oil and LNG & LPG supplier. 
    • The UAE is also assisting India in strengthening its Strategic Petroleum Reserves (SPR).
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RELATED TERMS

3

Strategic Petroleum Reserves (SPR)

Emergency stockpiles of crude oil held by a country to mitigate the impact of potential supply disruptions and price shocks in the global oil market.

LPG

Liquefied Petroleum Gas, a mixture of propane and butane gases. It is commonly used as a fuel for cooking, heating, and in vehicles.

LNG

Liquefied Natural Gas, natural gas that has been cooled down to a liquid state for easier transportation and storage. It is a significant component of India's energy imports.

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