PM Narendra Modi has visited the United Arab Emirates (UAE) and held a meeting with President Sheikh Mohamed bin Zayed Al Nahyan in Abu Dhabi. UAE has committed to invest $5 billion in India through various entities.
During the visit, the Indian Strategic Petroleum Reserves Ltd (ISPRL) signed an MoU with the Abu Dhabi National Oil Company (ADNOC) to enhance the energy security of India. Additionally, the Indian Oil Corporation Ltd (IOCL) signed a strategic collaboration agreement with ADNOC for the long-term supply of Liquefied Petroleum Gas (LPG).