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India–United Arab Emirates relations

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India–United Arab Emirates relations

India–United Arab Emirates relations refers to the bilateral relations that exist between Republic of India and United Arab Emirates.

Contents

History

UAE and India enjoy historic ties with as many as 2.5 million economic migrant workers of Indian origin residing in the oil rich gulf state. Indians also make up the largest ethnic group in the UAE making up roughly 27% of the total UAE`s residents. These economic migrants over the years have also made a significant economic contribution to India in the form of remittances worth billions of dollars.

Commercial and Economic Relations

In 2008-13, India emerged as one of the biggest trade partner of the UAE with bilateral trade between the two countries exceeding US$75 billion. UAE and India are one of each other's largest trading partners. The trade totals over $75 billion.

Prime Minister Modi's 2015 visit

On 16 August 2015, Prime Minister Narendra Modi began a two-day visit to the UAE, the first state visit by an Indian Prime Minister to the country in 34 years.Prime Minister of India Shri Narendra Modi visited the United Arab Emirates from 16–17 August 2015 at the invitation of His Highness Crown Prince Mohamed Bin Zayed AI Nahyan. In a break from protocol which would have seen only Foreign Minister Sheikh Abdullah receive dignitaries, Crown Prince Sheikh Mohammed Bin Zayed Al Nahyan, along with his five brothers, was also present to receive Modi. The aim of the visit was to increase bilateral cooperation in energy and trade, and market India as an attractive business destination.

References

India–United Arab Emirates relations Wikipedia