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India and UAE Sign Historic Civil Nuclear Cooperation Agreement

India and UAE Sign Historic Civil Nuclear Cooperation Agreement
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India and UAE Sign Historic Civil Nuclear Cooperation Agreement

CategoryDetails
Civil Nuclear CooperationMoU signed between NPCIL (India) and ENEC (UAE) for nuclear energy cooperation, focusing on operations, maintenance, investment, and knowledge sharing.
Historical ContextBuilds on the 2015 understanding for peaceful nuclear energy cooperation.
LNG Supply Agreement15-year deal between ADNOC (UAE) and IOCL (India) for 1 MMTPA supply from the Ruwais gas project.
Strategic Petroleum ReservesMoU for UAE's participation in India's strategic petroleum reserves, enabling crude oil storage in India.
Crude Oil ProductionProduction concession agreement for Abu Dhabi Onshore Block 1 via Urja Bharat (JV of IOCL and Bharat Petro Resources).
Food Park DevelopmentMoU between Gujarat government and ADQ (UAE) to develop a food and agriculture park in Gujarat by 2025.
Future InitiativesSoft launch of India-UAE Virtual Trade Corridor (VTC) and MAITRI interface under IMEC.
Business ForumSheikh Khaled to attend India-UAE Business Forum in Mumbai for future cooperation discussions.
High-Level MeetingsSheikh Khaled met PM Narendra Modi and President Droupadi Murmu, emphasizing strong bilateral ties and Indian diaspora in UAE.

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