India and UAE sign defense pacts, as Iran’s military conflict escalates | Narendra Modi News

The deal inked during Modi’s visit to the UAE focuses on maritime security, cyberdefence, communication and information exchange.

The United Arab Emirates and India signed agreements on defense, energy and shipping during Prime Minister Narendra Modi’s visit to the Gulf state on Friday, as the two countries seek to deepen their bilateral ties. increasing tensions between Abu Dhabi and Tehran.

The agreement was signed on Friday during a meeting between India’s Modi and UAE President Sheikh Mohamed bin Zayed Al Nahyan in Abu Dhabi, the latest step to boost cooperation between the two countries.

The defense agreement states that both countries will expand “defense industry cooperation and cooperation in innovation and high technology, education, exercise, maritime security, cyber security, secure communication and information exchange”, according to a government statement.

The main part of the agreement was the oil storage facility and the supply of natural gas (LNG), with the agreement stating that “the storage of crude oil in Fujairah, UAE, will be part of the Indian oil storage area”.

The meeting comes after The UAE accused Iran of seeking it its east coast in the emirate of Fujairah with drones and missiles, setting fire to an oil tanker and injuring three Indian workers.

Modi condemned the attack in X letters and said at the meeting that he had “reinforced my emphasis on condemning what happened in the United Arab Emirates in the strongest possible terms”.

There are about 4.3 million Indians living or working in the UAE, a country that has been hit by rockets and drones from Iran during the war.

‘It has drowned out economic cooperation’

Sheikh Mohamed bin Zayed said in a post on X that talks with Modi have explored “ways to give new strength to energy cooperation, technology, and other priorities”.

In addition to these agreements, the UAE will also provide $5bn to “enhance economic ties” with India, Modi said.

India, like many countries around the world, has felt the sting of the oil crisis due to the US-Israel war in Iran and the blockade of the Strait of Hormuz.

Recently, India was forced to do so increase fuel prices by 3 percent.

90 percent of the oil that is exported and almost half of it passes through the Strait of Hormuz, India, which is the world’s third largest importer of oil, has been one of the worst affected by the power crisis.