Page 249 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)

9/19/24, 4:25 PM Sheikh Khaled's official visit to India ends as economic partnerships are signed | The National
Sheikh Khaled was accompanied by a high-level delegation, including ministers, senior

officials, business leaders and prominent economic partners from the UAE.

Deals agreed at talks

Several strategic agreements were announced, including Adnoc's entry into a 15-year
liquefied natural gas agreement with IndianOil, a government-owned oil and gas company.

Adnoc has also signed a framework agreement with Indian Strategic Petroleum Reserve to

extend its oil storage agreement and support India’s energy security.

India-UAE Business Forum

On Tuesday, a number of agreements and economic initiatives were announced at the
India-UAE Business Forum in Mumbai. It focused on key sectors such as healthcare,

biotechnology, renewable energy, sustainability, AI, logistics and supply chains, and

agricultural technology.

Notable among them was Abu Dhabi artificial intelligence and cloud company G42's

announcement to launch its Hindi large language model.

Abu Dhabi’s LuLu Group also announced its collaboration with India's Agricultural and

Processed Food Export Development Authority to procure and import organic produce

from India to the UAE. And AD Ports Group, the operator of industrial cities and free

zones in Abu Dhabi, partnered with India's Ministry of Ports, Shipping, and Waterways to

create a virtual trade corridor connecting both countries.

https://www.thenationalnews.com/news/uae/2024/09/10/sheikh-khaleds-official-visit-to-india-ends-as-economic-partnerships-are-signed/ 2/2