Current Affairs Telugu Daily
United Arab Emirates (UAE) to open three new consular centres in India
The United Arab Emirates (UAE) will open three new consular centres and invest $75 billion of its sovereign wealth fund in India in the next 10 years, the country’s envoy said on Dec. 5 in New Delhi. The decision comes ahead of Indian Prime Minister Narendra Modi’s visit to the Gulf nation in February 2018 for a summit. The increased number of consular centres will facilitate Indians seeking work in UAE.
In January 2017, India had signed 14 agreements with the UAE to strengthen bilateral relations during the visit of Crown Prince Sheikh Mohammed bin Zayed Al Nahyan. The agreements included defence industries, maritime transport, cybersecurity, shipping and transport.
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