Gulf News

UAE and India to sign 14 agreements during Modi visit

DISCUSSION ON INCREASING BILATERAL FLIGHT CAPACITY ON CARDS, AMBASSADOR SAYS

- BY CHIRANJIB SENGUPTA Hub Editor

T he UAE and India are looking to sign up to 14 agreements and memoranda of understand­ing during the visit of Indian Prime Minister Narendra Modi on February 10-11, a top UAE diplomat said yesterday.

“We are expecting to sign 12 to 14 agreements during the visit of prime minister Modi,” Ahmad Al Banna, UAE Ambassador to India, said during an interactio­n with UAE media in New Delhi. The agreements will include sectors such as finance, space technology and skills developmen­t, he said.

“During the first visit of Prime Minister Modi to the UAE [in 2015] there were about 14 agreements that were signed; during the visit of His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces, there were 17 agreements signed, and last year another 14 agreements were signed. The historic relations between UAE and India have always been there, but they have now diversifie­d to new sectors such as IT, space technology, defence manufactur­ing, security, counter-terror cooperatio­n, education and renewable energy, mainly due to the successful visits of Shaikh Mohammad Bin Zayed and Modi,” Al Banna said.

Modi will be the keynote speaker at the 6th World Government Summit in Dubai on February 11, in which India is the chief guest, he said.

On the scope for reviewing bilateral flight capacity between the two countries, Al Banna told Gulf News: “When the UAE and India signed an agreement on aviation, it said that if 85 per cent of the seat capacity is reached by the carriers from both countries, then it will be time for renegotiat­ion. Currently, UAE carriers are operating at 100 per cent capacity while Indian carriers are at more than 85 per cent. It is therefore time for renegotiat­ion

of the air service agreement. There is a request that has been raised by the UAE GCAA with its Indian counterpar­ts for a new round of negotiatio­ns. Although we were promised a meeting twice, due to some technical reasons it has not happened yet. But very soon there will a meeting between the two authoritie­s to look at new capacities that can be implemente­d,” he said. There are 1,076 weekly flights that operate between India and the UAE currently, with UAE carriers getting a share of 137,800 seats per week.

On whether any UAE carrier would be interested in a stake in Air India, the ambassador said: “It is great that India is opening up its aviation and other sectors for foreign direct investment. India will stand to gain from this in the long run.”

A proposal for visa-free entry of Emiratis to India is also under considerat­ion, Al Banna said. “A file for visa-free entry for regular UAE passport holders will be submitted through the official channels for Indian authoritie­s,” Al Banna said. “The UAE has significan­tly eased the issuance of visas for Indians — with Indian nationals having US visas or UK/EU residency stamped on their passport able to get UAE visas on arrival.”

Al Banna said the momentum created by the recent investment­s in the National Investment and Infrastruc­ture Fund, the twice a year meeting by the UAE-India Joint Working Group and regular meetings of the Joint Task Force, as well as progress in counter-terror cooperatio­n were a sign of the increasing synergy between the two nations.

 ?? Chiranjib Sengupta/Gulf News ?? Ahmad Al Banna
Chiranjib Sengupta/Gulf News Ahmad Al Banna
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