International Journal For Multidisciplinary Research
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Volume 7 Issue 1
January-February 2025
Indexing Partners
Trade, Energy, and Diplomacy: Pillars of India-UAE Bilateral Relations
Author(s) | Vaibhav Verma, Anjali Awasthi |
---|---|
Country | India |
Abstract | The bilateral relationship between India and the United Arab Emirates (UAE) has developed into a multifaceted strategic partnership, reflecting deep-rooted historical, economic, cultural, and defense ties. This relationship between them has flourished after 1970s with the formation of the UAE, and culminating in a significant economic and political alliance. This study provides nuance information of high-level diplomatic engagements, such as Prime Minister Narendra Modi's multiple visits which have accelerated cooperation across sectors. The study also explained the economic relationship between both nations. For instance Economic ties are robust, with the UAE emerging as India’s third-largest trade partner and a leading foreign investor. Agreements like the Comprehensive Economic Partnership Agreement (CEPA) and Local Currency Settlement (LCS) highlight mutual interests in boosting trade and energy security. Additionally, the study also examines the defence relationship between India and UAE. Defense cooperation, reflected in joint military exercises and security dialogues, underscores shared geopolitical interests. Cultural ties are reinforced by the large Indian diaspora in the UAE, which serves as a bridge for economic and social collaboration. Despite challenges like trade imbalances, the two nations are poised to expand their partnership into technology, renewable energy, and defense. This paper examines the trajectory of India-UAE relations, exploring key drivers, mutual benefits, and future avenues for strategic engagement. |
Keywords | India-UAE Relations, Economic Partnership, Defense Cooperation, Cultural Exchange, Trade and Investment, Strategic Partnership. |
Field | Sociology > Politics |
Published In | Volume 7, Issue 1, January-February 2025 |
Published On | 2025-01-05 |
Cite This | Trade, Energy, and Diplomacy: Pillars of India-UAE Bilateral Relations - Vaibhav Verma, Anjali Awasthi - IJFMR Volume 7, Issue 1, January-February 2025. DOI 10.36948/ijfmr.2025.v07i01.34349 |
DOI | https://doi.org/10.36948/ijfmr.2025.v07i01.34349 |
Short DOI | https://doi.org/g82hjn |
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E-ISSN 2582-2160
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IJFMR DOI prefix is
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