India, UAE clinch deals to boost economic ties

India and the UAE today signed four agreements, including cyber security and currency swap, with a view to boosting bilateral economic ties.
The four agreements were signed in the presence of Prime Minister Narendra Modi and visiting Crown Prince of Abu Dhabi Sheikh Mohammed bin Zayed Al Nahyan here.
"The strength of a multi-faceted relationship. The leaders witness the exchange of four agreements across various sectors," said Vikas Swarup, official spokesperson, Ministry of External Affairs, in a tweet.
"The four agreements cover the fields of cyber security, infrastructure investment, renewable energy and currency swap arrangements," he said in another.
The Crown Prince arrived here last evening on a three-day visit.

Both the countries are expected to discuss ways to step up co-operation in a range of areas, including energy, economy and security.
The bilateral trade between the countries stood at USD 59.16 billion in 2014-15.
India received USD 3.30 billion as foreign inflows from the UAE between April 2000 and September 2015.