A+ A-

UAE, main partner to India to materialize dream of USD 5 trll economy - PM Modi

ABU DHABI, Aug 23 (KUNA) -- India finds the UAE as a partner to achieve its ambitious dream of achieving a USD 5 trillion economy, said Indian Prime Minister Narendra Modi Friday.
"We consider the UAE as a valuable partner in realizing the objective to reach USD 5 trillion economy through a mutually beneficial partnership," the Indian prime minister told the Emirates News Agency (WAM) on sidelines of his two-day state visit to the UAE.
Modi noted that India has embarked on the ambitious, yet achievable, path to be a USD 5 trillion economy by 2024-25.
He stressed that the UAE-India relations are "at their best ever", adding that the UAE investments in key sectors in India are growing.
"The UAE is our third largest trade partner with about USD 60 billion bilateral trade in 2018-19," said the prime minister.
He highlighted the importance of the comprehensive strategic partnership agreement signed during the visit of Abu Dhabi Crown Prince Sheikh Mohamad bin Zayed Al-Nahyan to India in January 2017 as the Chief Guest of Indian Republic Day. (end) bsu.aa