The PM's last engagement today is a public engagement with the Indian Diaspora at the Dubai Cricket Stadium where around 50,000 Indian expatriates have registered to attend.
Prime Minister Narendra Modi meets UAE Prime Minister, discusses trade, investment
Prime Minister Narendra Modi today held talks with Vice President and Prime Minister of the United Arab Emirates (UAE) Sheikh Mohammed Bin Rashid Al Maktoum with a major focus on stepping up economic engagement in a range of sectors. Mr. Modi talked about investment climate in India as both leaders deliberated on ways to further boost trade ties while emphasising on taking forward the overall relationship.
Earlier, Mr Modi arrived in Dubai from Abu Dhabi on the second leg of his UAE visit. Sheikh Mohammed, who is also ruler of Dubai, accorded a warm welcome to Mr Modi. Later, H.H. Al Maktoum gifted the Indian Prime Minister with a Hindi version of his book 'Flashes of Thought'.
Mohammad Bin Zayed receives Modi
His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces, on Monday received Indian Prime Minister Narendra Modi.
During the meeting held at Emirates Palace, Shaikh Mohammad and Modi discussed bilateral relations and exchanged views on a number of regional and international developments of mutual interest.
Shaikh Mohammad hosted a lunch banquet in honour of Modi and his accompanying delegation. They later continued their discussions that focused on all issues related to driving bilateral relations and cooperation towards new levels of joint work and building strong partnerships that are based on mutual interests.
Modi’s historic visit aims to enhance relations between the UAE and India, expanding it to various strategic avenues that are bolstered by ambitious and intensive programmes in the field of politics, investment and technology.
The lunch banquet was attended by Shaikh Mansour Bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, Lieutenant General Shaikh Saif Bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, senior officials and members of the delegation accompanying Modi. -WAM
Source: Gulf News
Prime Minister Narendra Modi kicked off day two of his UAE trip by visiting Masdar City, a hub of cleantech and S&T innovation. He also met with a delegation of investors immediately after Masdar.
Follow live updates of the Prime Minister’s second day visit:
10.31 am: PM Modi spends his morning at Masdar, taking a tour of the city. Masdar is the hub of cleantech and S&T innovation. The Prime Minister discussed urban development and next generation urban spaces at Masdar.
10.40 am: PM digitally signs in his message in the visitors' book at Masdar.
11.00 am: PM Modi meets a delegation of investors.The agenda is to promote India as an investment destination. He addressed the investors, saying, "There are 700 flights btw India & U.A.E but it took 34 years for an Indian PM to visit. I promise this will not happen again." He went on to say, "I feel India is a land of many opportunities. 125 crore people of India are not a market but they are a source of great strength. It is now commonly believed that India is one of the fastest growing economies. All leading institutions like IMF, World Bank and Moody's agree that India is world's fastest growing economy. There are several opportunities of development in India."
11.30 am: The PM continued his speech, "I was told about some problems being faced...want to assure we are solving these problems. We want technology, speed and quality construction when it comes to housing. Low cost housing is very important for us. India's growth potential and UAE's strength together can make this Asia's century. We want to construct 50 million low cost houses in 7 years in India, Prime Minister Modi tells investors. India has never tapped the potential of tourism, there is a lot of possibility in hospitality industry. We have got legacy problems; Priority to kickstart things that were stalled due to indecisiveness, lethargy of past governments.
Infrastructure development and real estate offer tremendous opportunities for UAE businesses in India. I will send my Commerce Minister to try and find solutions to the problems faced by some UAE investors. In the agriculture sector we need cold storage network and warehousing network where UAE businesses have another advantage. Today there is a immediate possibility of one trillion dollars of investment in India, yes one trillion dollars. Country has got a decisive and stable government. We need to erase the deficit of 34 years.
12: 20 pm: Prime Minister Narendra Modi took a tour of the Masdar City, a hub of cleantech and science and technology innovation, here on the second day of his two-day UAE visit. The authorities briefed the Prime Minister about various aspects of the zero-carbon smart city, situated around 17 kilometres South-East of Abu Dhabi, the UAE capital. Modi was seen taking keen interest in various aspect of the city built on innovative scientific ideas. “Discussing urban development and next generation urban spaces at Masdar City,” he tweeted. The Prime Minister also had a ride in a self-driving car, part of Masdar city’s Private Rapid Transit or PRT.
“We have heard about BRT. Masdar City has PRT or Private Rapid Transit,” he said in another tweet. A group of Indians had gathered in Masdar to have a glimpse of Modi who was seen waving hands at the crowd.