PM Modi offers $1-trillion investment opportunity to UAE
Inviting investors from UAE, Prime Minister Narendra Modi Monday said India has an immediate investment opportunity of USD 1 trillion and the government will take urgent steps to address concerns of the businessmen from this country and erase "deficit of 34 years".
Aug 17, 2015, 22:53 PM ISTUAE to raise India investment to $75 bn; bilateral trade $100 bn
The two countries also agreed for strategic partnership in the energy sector, including through UAE's participation in petroleum sectors in India and tie-ups in the third countries.
Aug 17, 2015, 21:15 PM ISTPM Modi in UAE: Economic importance of the visit
Bilateral trade has grown significantly from a level of $180 million in the 1970s to around $60 billion per annum now, making the UAE India's third-largest trading partner for 2014-15 after China and the US.
Aug 16, 2015, 22:04 PM IST