๐ Strategic Partnership between India and UAE
๐ธIndia and UAE signed an agreement to upgrade the relations to Comprehensive Strategic Partnership, apart from 13 other MoUs, in 2017.
๐ธ the first Strategic Dialogue meeting between the two Foreign Offices was held in New Delhi on January 20, 2017. The second Meeting took Place in October 2017 in Abu Dhabi
๐ธ India and UAE see each other as important players in maintaining peace and stability in their respective regions and have reinforced their partnership in countering terrorism,combating radicalization and preventing terror finance through intelligence sharing and close contacts between their National Security Councils.
๐ธIndia and UAE signed an agreement to upgrade the relations to Comprehensive Strategic Partnership, apart from 13 other MoUs, in 2017.
๐ธ the first Strategic Dialogue meeting between the two Foreign Offices was held in New Delhi on January 20, 2017. The second Meeting took Place in October 2017 in Abu Dhabi
๐ธ India and UAE see each other as important players in maintaining peace and stability in their respective regions and have reinforced their partnership in countering terrorism,combating radicalization and preventing terror finance through intelligence sharing and close contacts between their National Security Councils.
๐ Key areas to Work on
๐ธUAE also has the large sovereign wealth fund that India IS looking for investments. There is an agreement that UAE will invest nearly $75 billion in India over the next few years
๐ธ In 2017, the Abu Dhabi Investment Authority became the first institutional investor in the National Investment and Infrastructure Fundโs Master Fund, with an investment of $1 billion.
๐ธ In January 2018 Dubai Ports (DP) World, the top port operator in the United Arab Emirates (UAE), announced that has partnered with NIIF to invest in India's infrastructure projects.
๐ธUAE also has the large sovereign wealth fund that India IS looking for investments. There is an agreement that UAE will invest nearly $75 billion in India over the next few years
๐ธ In 2017, the Abu Dhabi Investment Authority became the first institutional investor in the National Investment and Infrastructure Fundโs Master Fund, with an investment of $1 billion.
๐ธ In January 2018 Dubai Ports (DP) World, the top port operator in the United Arab Emirates (UAE), announced that has partnered with NIIF to invest in India's infrastructure projects.
๐ India-Iran Relations
โฝ Background
๐ธ India-Iran relations span millennia marked by meaningful interactions. The two countries shared a border till 1947 and share several common features in their language, culture and traditions.
๐ธ Independent India and Iran established diplomatic links on
March 15, 1950. In addition to the Embassy in Tehran, India has two Consulates in Iran, one in Bandar Abbas and other in Zahedan.
๐ธ In recent times Iran has emerged as a key location for Indiaโs
connectivity initiatives for Afghanistan and Central Asia.
๐ธThus, connectivity, commerce, culture, and energy are key pillars of India Iran relation in the current context.
โฝ Background
๐ธ India-Iran relations span millennia marked by meaningful interactions. The two countries shared a border till 1947 and share several common features in their language, culture and traditions.
๐ธ Independent India and Iran established diplomatic links on
March 15, 1950. In addition to the Embassy in Tehran, India has two Consulates in Iran, one in Bandar Abbas and other in Zahedan.
๐ธ In recent times Iran has emerged as a key location for Indiaโs
connectivity initiatives for Afghanistan and Central Asia.
๐ธThus, connectivity, commerce, culture, and energy are key pillars of India Iran relation in the current context.
๐ Recent Momentum In Relations of India and Iran
๐ธThe trend was enhanced at the turn of the millennium with the visit of Prime Minister Shri Atal Bihari Vajpayee to Tehran in April 2001 wherein the two countries signed the โTehran Declarationโ which set forth the areas of possible cooperation between the two countries.
๐ธ President Mohammad Khatami visited India from January 24-28, 2003 as the Chief Guest at the Republic Day parade. Both sides signed โThe New Delhi Declarationโ which set forth the vision of strategic partnership between India and Iran.
๐ธ Prime Minister Dr. Manmohan Singh visited Iran to attend the 16th NonAligned Movement (NAM) Summit held in Tehran from August 28-31, 2012.
๐ธ Prime Minister Shri Narendra Modi paid a bilateral visit to Iran from May 22- 23, 2016. 12 MoUs/Agreements were signed between India and Iran.
๐ธThe trend was enhanced at the turn of the millennium with the visit of Prime Minister Shri Atal Bihari Vajpayee to Tehran in April 2001 wherein the two countries signed the โTehran Declarationโ which set forth the areas of possible cooperation between the two countries.
๐ธ President Mohammad Khatami visited India from January 24-28, 2003 as the Chief Guest at the Republic Day parade. Both sides signed โThe New Delhi Declarationโ which set forth the vision of strategic partnership between India and Iran.
๐ธ Prime Minister Dr. Manmohan Singh visited Iran to attend the 16th NonAligned Movement (NAM) Summit held in Tehran from August 28-31, 2012.
๐ธ Prime Minister Shri Narendra Modi paid a bilateral visit to Iran from May 22- 23, 2016. 12 MoUs/Agreements were signed between India and Iran.
๐ Economy: Energy Trade between India and Iran
๐ธIndia-Iran commercial ties have traditionally been dominated by Indian import of Iranian crude oil.
๐ธ India is the second largest buyer of Iranian crude after China and Iran was the third largest supplier of crude to India (April-Sep 2016).
๐ธ The India-Iran bilateral trade during the fiscal year 2015-16 was USD 9.054 billion. India imported USD 6.2 billion worth of goods mainly crude oil and exported commodities worth USD 2.7 billion.
๐ธ Major Indian exports to Iran include rice, tea, iron and steel, organic chemicals, metals, electrical machinery, drugs/pharmaceuticals, etc.
๐ธ Major Indian imports from Iran include petroleum and its products, inorganic/organic chemicals, fertilizers, plastic and articles, edible fruit and nuts, glass and glassware etc.
๐ธIndia-Iran commercial ties have traditionally been dominated by Indian import of Iranian crude oil.
๐ธ India is the second largest buyer of Iranian crude after China and Iran was the third largest supplier of crude to India (April-Sep 2016).
๐ธ The India-Iran bilateral trade during the fiscal year 2015-16 was USD 9.054 billion. India imported USD 6.2 billion worth of goods mainly crude oil and exported commodities worth USD 2.7 billion.
๐ธ Major Indian exports to Iran include rice, tea, iron and steel, organic chemicals, metals, electrical machinery, drugs/pharmaceuticals, etc.
๐ธ Major Indian imports from Iran include petroleum and its products, inorganic/organic chemicals, fertilizers, plastic and articles, edible fruit and nuts, glass and glassware etc.
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