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Sat, Oct 20, 2018 | Last Updated 10:01 am IST

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PM Narendra Modi signed five agreements with Abu Dhabi Mohamed bin Zayed Al Nahyan

PM Narendra Modi signed five agreements with Abu Dhabi Mohamed bin Zayed Al Nahyan
PM Narendra Modi signed five agreements with Abu Dhabi Mohamed bin Zayed Al Nahyan
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Abu Dhabi sources have stated that Prime Minister Narendra Modi held wide-ranging talks with Crown Prince of Abu Dhabi Mohamed bin Zayed Al Nahyan as the two sides signed five agreements including a historic pact awarding a consortium of Indian oil companies a 10% stake in offshore oil concession.



Meanwhile Modi, who arrived here from Jordan on the second leg of his three-nation tour, was received by Mohammed Bin Zayed and other members of the Royal family at the airport last evening. According to sources the Prime Minister thanked the Crown Prince for the special gesture of receiving him at the airport and said his visit will have a positive impact on India-UAE ties.

PM Narendra Modi signed five agreements with Abu Dhabi Mohamed bin Zayed Al Nahyan

Accordingly an MOU between Indian Consortium (OVL, BPRL & IOCL) and Abu Dhabi National Oil Company (ADNOC) was signed for the acquisition of a 10 per cent participating interest in the Abu Dhabi's offshore Lower Zakum Concession. Further to deepen bilateral cooperation in the field of finance, a MoU between Bombay Stock Exchange and Abu Dhabi Securities Exchange was also signed. It aims at enhancing cooperation between both the countries in financial services industry.

PM Narendra Modi signed five agreements with Abu Dhabi Mohamed bin Zayed Al Nahyan

PM Narendra Modi signed five agreements with Abu Dhabi Mohamed bin Zayed Al Nahyan
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