Crown Prince Al Maktoum's India visit: IIM-Ahmedabad, IIFT to set up campuses in Dubai | Important updates | Today news

During Dubai Kroon Prince Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum’s visit to India Tuesday, both countries took important steps to strengthen their ties, including plans to establish shipwreck groups in Kochi and Vadinar and to set up a campus of the Indian Institute for Management, Ahmedabad, in Dubai. Here are the top ten updates: 1. The first overseas campus of the Indian Institute of Foreign Trade (IIFT) will be erected in Dubai and that the land will be allocated for the establishment of an India-Uae Friendship Hospital in the Golf City, according to the Foreign Ministry (MEA). The MEA agreed to begin with the construction work of Bharat Mart and the launch of a 3-D version of the Bharat Mart complex. 2. In his encounter with Modi, the Dubai Crown Prince the Prime Minister presented a replica of his grandfather Sheikh Rashid’s Bish (traditional embroidered mantle carried by the Arab men) which symbolizes the historical and generation of political friendship between the two countries. 3. Both leaders also discussed possibilities to strengthen the comprehensive strategic partnership and strong cultural and human-to-people ties. The Crown Prince, which is also the Deputy Prime Minister and Minister of Defense of the UAE, arrived in the national capital on Tuesday morning during a two-day visit to India. That night he traveled to Mumbai. 4. PM Modi offered a working lunch for the crown prince in his home in Lok Kalyan Marg. In a position on social media, Modi said Dubai played a key role in promoting the Indian UAE-encompassing strategic partnership. “Glad to meet HH Sheikh Hamdan bin Mohammed Bin Rashid Al Maktoum, the Crown Prince of Dubai. Dubai played a key role in promoting the Indian UAE-encompassing strategic partnership,” Modi said. “This special visit again confirms our deep -rooted friendship and paves the way for even stronger collaboration in the future,” he said. 5. In the meeting between Singh and all Maktoum, the two parties discussed ways to further strengthen the strategic defense and safety partnership between the two countries. After his meeting, Singh said India is eager to work closely with the wave nation in the defense sector, including co-production and co-development projects. 6. Both India and the UAE are committed to working on peace and wealth in the region, he said. According to the Ministry of Defense, Singh and Al Maktoum are convinced that close collaboration between the defense industries should be an integral part of the bilateral cooperation. 7. In his meeting with the Crown Prince, Jaishankar highlighted the tremendous deepening and broadening of the relationship over sectors between the two countries over the past few years. The Crown Prince offered an original newspaper coverage about the successful effort of his father, the ruler of Dubai, Sheikh Mohammed Bin Rashid Al Maktoum in the rescue of passengers aboard Indian Airlines Flight 421 in August 1984. The Mea said the proposed overseas campus of the IIM-Ahmedabad and IIFT in Dubai will further strengthen the educational collaboration between the two countries and positions Dubai and the UAE as an important regional and world destination for leading Indian educational institutions. This follows the inauguration of the first campus of the IIT in the Middle East in Abu Dhabi last year. 9. These initiatives will benefit the 4.3 million strong Indian diaspora in the UAE and about nine million Indian diaspora in the Gulf region, the MEA said in a statement. It is said that the Cochin Shipyard Ltd (CSL) and Drydocks World (DDW), a DP World Company, signed a sleeve to enable the development of shipwreck groups in Kochi, Kerala and Vadinar, Gujarat, their mutual strengths. It is expected to restore global best practices to the ship’s ecosystem and add significant abilities, it says. This special visit again confirms our deep -rooted friendship and paves the way for even stronger collaboration in the future. 10. Work on VTC also confirms the commitment of India to the Economic course of India-Middle East Europe, it states. “Bilateral trade, which is expected to exceed $ 97 billion, will receive further impetus through these initiatives and will help achieve the 100 billion dollars non-oil trade goal,” the Mea said. (With ani inputs)