The twelfth session of the India-UAE Joint Commission Meeting (JCM) for Economic and Technical Cooperation was hung on December 3-4, 2018 in Abu Dhabi, the United Arab Emirates.
The Indian designation was driven by Indian External Affairs Minister Sushma Swaraj. Amid the visit, Swaraj had long discourses with her partner Abdullah canister Zayed to venture up two-sided collaboration in regions, for example, security, protection, counter-psychological warfare, speculations, space, exchange, and vitality.
Key Highlights
• During the India-UAE JCM, India and the United Arab Emirates consented to two arrangements, one settlement on money swap and a MoU for advancement participation in Africa.
• The concession to money swap between the nations will permit exchanging their very own cash and installments to import and fare exchange at a pre-decided conversion scale without acquiring a third benchmark cash like the US dollars.
• The second Memorandum of Understanding would empower the two countries to attempt advancement extends in Africa.
• Besides, the pioneers of the two countries talked about a few regions of common interests including protection, security, counter-fear mongering, exchange, monetary, vitality, science and innovation, and common flight.
• The pioneers likewise recognized a few new territories of collaboration and following the finish of the JCM, the pioneers marked and received the concurred minutes of the gathering.
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