&imwidth=800&imheight=600&format=webp&quality=medium "‘PM Modi a true treasure’: UAE minister says targeting $200 bn trade with India")
Ahead of Prime Minister Narendra Modi’s scheduled visit to the UAE on May 15, UAE Minister of State for International Cooperation Reem Al Hashimy described the Indian leader as a “true treasure” for the leadership and people of the Emirates, while expressing confidence that bilateral ties are set to reach “new mountain tops” in trade, technology and strategic cooperation.
Speaking to news agency ANI, Al Hashimy said Modi’s visit would further strengthen the regular high-level engagements between the two countries following the UAE President’s visit to India in January and the Crown Prince’s participation in the AI Summit in February.
“The future cannot be without a strong India and a strong UAE,” she said, adding that upcoming exchanges between the two nations reflected “a trajectory that grows from strength to strength”.
UAE eyes $200 billion trade target with India
Highlighting the rapid growth in economic ties, the UAE minister said both countries had already surpassed the initial $100 billion trade target set under the Comprehensive Economic Partnership Agreement (CEPA) and are now aiming for $200 billion in bilateral trade.
“Every time we think we have reached a mountain top, we discover there is another mountain top to reach,” Al Hashimy said.
Trending Stories
&im=FitAndFill=(700,400))
How fast can the Sukhoi Su-30 fighter jet really fly?
)
Did China ask its people 'not to respond to aliens'? Origin of bizarre claim on social media
)
MS Dhoni-CSK Fallout? Report claims failed stake sale talks triggered rift
)
Scientists reveal the SAFEST COUNTRY when catastrophe strikes the planet
)
Serial killer on the loose in South Korea's Jeju Island? Fourth body found in three days as more than a dozen people go missing
)
2/3rd of glacier detached, collapsed: ISRO satellite images reveal what triggered Nepal floods
)
Trump once again claims without him there would be ‘no Israel right now’
)
Foreign espionage attacks against German companies surge to 37%, Bitkom report reveals
)
Blake Lively wins partial legal fee from Justin Baldoni after $8M request
)
Why is Pakistan deploying Turkish Bayraktar TB2 drones near India border?
)
'OH MY GOD! We've found other agents!': Investigators discover not one or two, almost 700 OpenAI AI agents went rogue, hacked Hugging Face
)
Lunar eclipse 2026: India timings, places to see and more. August Blood moon factsheet
)
RSS chief Mohan Bhagwat on global outreach tour
)
Both pilots killed as training aircraft crashes in Lucknow – What we know
)
16-year-old charged with preparing terror attack on kindergarten in Norway
&im=FitAndFill=(700,400))
How the S-400 protects itself from enemy attacks
)
Nepal floods: Over 165 dead, 400 missing; US, India, China, World Bank mobilise aid
)
India's multi-layered watch: The new surveillance war
)
5 doomsday planes spotted in US skies hours after CIA director's secret trip to Russia
)
9/11 mastermind Khalid Sheikh Mohammed to finally face trial in 2028, nearly 27 years after horrific attacks
)
Islamabad hospital fire: What we know about one of the biggest facility that housed Imran Khan
)
Workers run for life while filming Nepal flash flood: Scary new visuals emerge from Rasuwa
)
Russian military planes enter South Korean air defence zone amid rising tensions with North Korea: What's happening
)
Ron Weasley Is Back! Rupert Grint set to return to Harry Potter universe on Broadway
)
400-year-old 'vampire' grave in Poland reveals non-existent genetic lineage
)
Dolly Parton, global icon and queen of country music, dies at 80
)
Nepal flash floods: Kailash Mansarovar yatra affected, close to 400 pilgrims out of contact
)
'If he is dead, they're putting on a pretty good show': Trump casts fresh doubt over Mojtaba Khamenei's fate
)
Man arrested near US Capitol with guillotine in pickup truck: What happened?
&im=FitAndFill=(700,400))
Why the Su-30MKI cockpit is painted bright turquoise green
She added that cooperation between “Team India and Team UAE” was now expanding into frontier sectors such as Artificial Intelligence, quantum computing, supercomputing and connectivity initiatives, including the India-Middle East-Europe Economic Corridor (IMEC).
The minister also pointed to the deep people-to-people relationship between the two countries and praised the contribution of the Indian diaspora in the UAE.
“There are close to four and a half million Indians who live amongst us and with us, and so we constantly learn from each other, and we are better because of each other as well,” she said.
Strait of Hormuz, energy security likely to feature in talks
Addressing the ongoing West Asia crisis, the UAE minister said energy had been “weaponised” amid disruptions linked to tensions around the Strait of Hormuz, an issue she confirmed would feature prominently in tomorrow's bilateral conversations.
She noted that supply concerns caused by the regional conflict had affected India and several other countries, adding that the UAE’s recent decision to exit OPEC was aimed at acting as a “responsible global player” by maximising production during a period of uncertainty.
Prime Minister Modi is set to begin a five-nation tour from May 15 to 20, covering the UAE, the Netherlands, Sweden, Norway and Italy.
