Third largest trade partner, target of 100 billion trade!!!

S Venkateshwari
Third largest trade partner, target of 100 billion trade!!!

India's relations with many countries of the world have become better and stronger than before. Recently, Abu Dhabi's Crown prince Sheikh Khalid bin Mohammed bin Zayed Al Nahyan came on his two-day visit to india, where he met prime minister Narendra Modi. After this meeting, while on one hand many important deals were made between the two countries, his first official visit as the Crown prince of Abu Dhabi indicated to the world that the relations between the two countries are better.

The visit of Abu Dhabi's Crown prince to india has many meanings. He had come to india for the first time. Before this, PM narendra modi had visited UAE. PM Modi has once again brought new enthusiasm to the relations which had been cold for three decades. After a long time, an indian Prime Minister had visited UAE. After which boththe countries have forgotten the past and started a new chapter. These relations are not only business but also cultural. This year a big Hindu temple has been built in uae, which was inaugurated by PM Modi.

Trade relations will be strengthened

In recent times, there are many countries in the world with which India's relations have become stronger, one of them isUAE. The fastest and strongest relations have been formed with UAE and both the countries have come very close to each other. india and the United Arab Emirates have a trade of about 83 billion US dollars. But both the countries have agreed to take it to 100 billion dollars for the next five years. With this, the United Arab Emirates has emerged as India's third largest trading partner.

India exported $ 31.6 billion to the uae in 2022-23. After America, india exported the most to the UAE. uae President Sheikh Bin Zayed Al Nahyan has done a lot of work to improve relations with India. During his tenure, he improved his relations with India as well as improved trade relations. In this sequence, his intention is that the next generation that will take over the reins of uae after him should also maintain good relations with India. For this reason, he sent Crown prince Sheikh Khalid Bin on a two-day visit to India. PM Modi and Crown prince also met on Monday, in which strategic and trade agreements were signed between the two countries. There is religious freedom in uae, there is no politics of hatred there.

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