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.
"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.
"Our bilateral trade has grown by 20 per cent. For the first time, we have achieved USD 85 billion trade and soon we will achieve the target of USD 100 billion. If we decide, we can cross this milestone before the G20," said PM Modi.
"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.
Saif Abdulla Alshamisi, Assistant Undersecretary for Protocol Affairs at the Ministry of Foreign Affairs (MoFA), has received a copy of the credentials of Kedallah Younous Hamidi Elhadj Mamadi, Ambassador of the Republic of Chad to the UAE.