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India, UAE Sign Strategic Petroleum Reserve MoU, Other Agreements During PM Modi Abu Dhabi Visit

By: Editorial Desk

by Editorial Desk
May 15, 2026
in Governance, News
Reading Time: 2 mins read
India, UAE Sign Strategic Petroleum Reserve MoU, Other Agreements During PM Modi Abu Dhabi Visit

India, UAE Sign Strategic Petroleum Reserve MoU, Other Agreements During PM Modi Abu Dhabi Visit

Summarize with:

New Delhi, May 15 (APAC Media): Prime Minister Narendra Modi held wide-ranging bilateral talks with UAE President Sheikh Mohammed bin Zayed Al Nahyan in Abu Dhabi today.

During PM Modi’s visit, India and the UAE signed a series of strategic agreements covering defence cooperation, energy security, infrastructure, and investment.

The agreements were exchanged in the presence of the two leaders shortly after PM Modi arrived in Abu Dhabi as part of the first leg of his five-nation foreign tour. The visit highlighted the growing strategic and economic importance of ties between India and the United Arab Emirates amid increasing focus on energy security and global investment partnerships.

Among the major outcomes of the discussions was the signing of a framework agreement on a Strategic Defence Partnership aimed at strengthening military cooperation and security collaboration between the two countries. Both sides also signed a memorandum of understanding on strategic petroleum reserves, an LPG supply agreement, and a ship repair cluster project at Vadinar.

India Hikes Petrol, Diesel Prices by Rs 3/L Amid Global Crude Oil Prices Surge

In a significant investment push, the UAE announced investments worth $5 billion in Indian infrastructure projects, RBL Bank, and Samman Capital.

The two leaders also discussed expanding cooperation across sectors, including trade, technology, energy, culture, and people-to-people exchanges. Energy security remained a central focus of the talks as India continues efforts to diversify and secure long-term energy supplies.

According to the Ministry of External Affairs, the UAE is currently India’s third-largest trading partner and the seventh-largest source of investment into the country over the past 25 years.

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