Prime Minister Narendra Modi’s visit to the United Arab Emirates (UAE) on Friday led to several significant agreements and investment commitments spanning defence, energy, infrastructure, and banking sectors. India and the UAE signed a Framework Agreement on Strategic Defence Partnership, marking a step forward in strengthening bilateral security cooperation. The two sides also concluded a Memorandum of Understanding on Strategic Petroleum Reserves along with an agreement on the supply of Liquefied Petroleum Gas (LPG), further deepening energy collaboration.

In the maritime domain, both countries agreed to establish a Ship Repair Cluster at Vadinar through an MoU. Additionally, investment commitments worth around USD 5 billion were announced in Indian infrastructure projects, as well as in RBL Bank and Samman Capital. During the visit, Prime Minister Modi held delegation-level talks with UAE President Sheikh Mohamed bin Zayed Al Nahyan and was accorded a ceremonial guard of honour upon his arrival in Abu Dhabi.

The UAE visit is part of a broader five-nation tour from May 15 to 20, which also includes the Netherlands, Sweden, Norway, and Italy, aimed at expanding India’s strategic partnerships in trade, technology, energy, innovation, and green growth. Following the UAE, the Prime Minister is scheduled to visit the Netherlands for talks with Prime Minister Rob Jetten and meetings with the Dutch royal family, focusing on semiconductors, green hydrogen, defence, innovation, and water management.

He will then travel to Sweden for bilateral discussions with Prime Minister Ulf Kristersson, with a focus on AI, emerging technologies, and green transition, before attending the 3rd India-Nordic Summit in Norway, where regional cooperation and supply chain resilience are expected to be key topics.