PM Modi’s 2024 India-UAE Visit – Key Agreements

PM Modi's 2024 India-UAE Visit - Key Agreements mind map
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Visit Date
February 2024
Fourth meeting in seven months
Between PM Modi and UAE President
Purpose of Visit
Strengthen bilateral relationship
Improve future business and technology partnerships
Total Agreements
10 MoUs and agreements signed
Key Sectors
Energy, Infrastructure
Investments, Archive management
Specific Agreements
Electricity Interconnection and Trade
Focus on green hydrogen
Energy storage
Cooperation on energy security
Inter-governmental Framework Agreement
For IMEC (India-Middle East-Europe Economic Corridor)
Regional connectivity
Alternative to China's BRI
Connects India, UAE, Saudi Arabia, Jordan, Israel, Europe
Cooperation in Digital Infrastructure Projects
Investment cooperation
Sharing of technical knowledge
Bilateral Investment Treaty
Protecting investments
Advances capital flow objectives
Development of National Maritime Heritage Complex (NMHC)
Support Maritime Heritage Complex at Lothal, Gujarat
Cooperation Protocol
Between National Library and Archives of UAE
And National Archives of India
Restoration and preservation of archival material
Interlinking of Payment Platforms
UPI (India) and AANI (UAE)
Facilitate cross-border transactions
Inter-linking of Domestic Debit/Credit Cards
RuPay (India) with JAYWAN (UAE)
Build financial sector cooperation
United Arab Emirates (UAE)
Key Figures
Narendra Modi
Prime Minister of India
Sheikh Mohamed bin Zayed Al Nahyan
President of UAE
Indian and UAE Governments
High-level diplomatic meetings
Collaboration in various sectors
Enhances India-UAE economic ties
Promotes regional connectivity and security
Encourages technological and infrastructural development
Potential Concerns
Maintaining balance in geopolitically sensitive region
Way Forward
Future Steps
Implementation of agreements
Continued diplomatic engagements
Monitoring progress and cooperation

In February 2024, Indian Prime Minister Narendra Modi’s visit to the United Arab Emirates (UAE) marked a significant advancement in bilateral relations with the signing of 10 Memoranda of Understanding and agreements. These agreements, signed with UAE President Sheikh Mohamed bin Zayed Al Nahyan, cover various sectors including energy, infrastructure, investments, and archive management. Key areas of focus included the development of the India-Middle East-Europe Economic Corridor (IMEC) for regional connectivity, cooperation in digital infrastructure, and the interlinking of payment platforms like UPI and AANI. This visit and the agreements signed are pivotal in enhancing economic ties, promoting regional security and connectivity, and fostering technological and infrastructural development between India and the UAE.

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