The CEPA, signed during a virtual summit in March 2022 with the participation of President His Highness Sheikh Mohamed bin Zayed Al Nahyan and President Recep Tayyip Erdogan of Türkiye, has been officially ratified by their governments in preparation for its implementation.
“Now, just like that, the Rupee-Dirham mechanism which we have just signed, is the first one for both of us. In that sense, it's extremely significant. I actually see it as a paradigm shift in how we can make trade settlements”, he added.
Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, has launched Balghaiylam, a new residential development located north-east of Yas Island.
"Concluding a productive UAE visit. Our nations are working together on so many issues aimed at making our planet better. I thank HH Sheikh Mohamed bin Zayed Al Nahyan for the warm hospitality," tweeted PM Modi.
Both leaders affirmed the importance and significance of India’s G20 presidency and affirm the G20’s role in fostering and accelerating cooperation in combating climate change, with emphasis on finance and technology as critical enablers, as well as on just, inclusive and sust
"Concluding a productive UAE visit. Our nations are working together on so many issues aimed at making our planet better. I thank HH Sheikh Mohamed bin Zayed Al Nahyan for the warm hospitality," tweeted PM Modi.
"In the last few years, our relations have expanded and there is a huge contribution from your side. Your vision and clear thinking is the biggest strength for this nation. That is why everyone looks at you like a true friend," PM Modi added.
UAE's President Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Emmanuel Macron of the Republic of France, on the occasion of his country's National Day.