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Blog / 10 Apr 2025

Dubai’s Crown Prince visits India

Context

India and the United Arab Emirates (UAE) have reaffirmed their bilateral relationship, taking their Comprehensive Strategic Partnership to new level during the recent India-UAE Joint Commission Meeting (JCM). The high-level meeting was co-chaired by India's External Affairs Minister Dr. S. Jaishankar and UAE Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan. It marked a major step forward in cooperation across a wide spectrum of sectors including trade, energy, defence, science, and education.

Outcomes of the meeting:

The two sides decided positively on the following six outcomes

1.  Setting up of a campus of IIM, Ahmedabad in Dubai and commencement of first MBA programme in September 2025;

2.  Setting up of the first overseas campus of Indian Institute of Foreign Trade at the India Pavilion in Expo City Dubai;

3.  Starting construction work of Bharat Mart and the launch of a 3-D rendering of the Bharat Mart complex;

4.  Grant of land for UAE-India Friendship Hospital in Dubai;

5.  Development of ship-repair clusters at Kochi and Vadinar and

6.  Opening of an India Office of Dubai Chamber of Commerce.

About India UAE relations:

Strategic Partnership: In 2017, both nations elevated ties to a Comprehensive Strategic Partnership, signaling deeper cooperation in security, economy, and defense.

      Both are collaborating in BRICS, G20, and I2U2.

      Joint efforts focus on global sustainability, regional peace, and development goals.

      The India-Middle East-Europe Economic Corridor (IMEEC) is a key connectivity initiative for regional growth.

Trade:

The Comprehensive Economic Partnership Agreement (CEPA) has boosted bilateral trade to USD 85 billion.

There's optimism about hitting USD 100 billion in non-oil trade soon.

New digital platforms like the Virtual Trade Corridor (VTC) and Maitri Interface are set to streamline and digitize trade.

India exports: Petroleum products, food items, machinery, textiles, gems, and jewelry.

UAE exports: Crude oil, petrochemicals, precious metals.

Strategic Oil Reserve: India stores UAE oil in underground strategic reserves

Green Energy: Joint projects in hydrogen, solar, and waste-to-energy under the IRENA framework and ISA (International Solar Alliance).

Space Collaboration:

ISRO and UAE Space Agency signed MoUs on satellite launches and data sharing.

AI & Fintech:

India and UAE collaborate on fintech regulation, digital payments, and AI innovation.

Education:

Indian curriculum schools (CBSE, ICSE) are widespread in UAE; student exchanges and MoUs between universities are growing.

Defence and security ties:

        The Desert Cyclone military exercise in 2024 marked a milestone.

        Launch of a Defence Partnership Forum to deepen strategic and operational cooperation.

        Both countries reaffirmed commitments to regional stability, especially in West Asia.

Conclusion

The outcomes of the Joint Commission Meeting underscore the multi-dimensional growth of the India-UAE partnership. With tangible progress across trade, energy, defence, science, and education, the strategic ties between the two nations are poised for even deeper cooperation in the years ahead.