India and the UAE signed a Bilateral Investment Treaty (BIT), witnessed by Prime Minister Narendra Modi and UAE s President Sheikh Mohamed bin Zayed Al Nahyan. The treaty aims to facilitate investments in both countries, boosting confidence among investors and fostering foreign direct investment opportunities.
Multiple memoranda of understanding, including an MoU on interlinking of the instant payment platforms - UPI and UAE's AANI, were exchanged between India and the United Arab Emirates.
Abu Dhabi: Prime Minister Narendra Modi with UAE President Mohamed bin Zayed Al Nahyan upon his arrival in Abu Dhabi, UAE, Tuesday, Feb. 13, 2024. (PTI