New Delhi, 10 September 2024 (TDI): Recently, the United Arab Emirates (UAE) and India have strengthened ties and fostered collaboration in the nuclear energy sector.
They have signed a comprehensive nuclear cooperation pact. The agreement was formalized during the visit of Crown Prince Sheikh Khaled bin Mohammad bin Zayed Al Nahyan to New Delhi.
This visit helps to improve the strategic partnership between the two countries.
The nuclear cooperation pact aims to bolster coordination in various fields of nuclear plant operations. It includes technology transfer, source of material, and investment opportunities.
Both countries are committed to advancing their nuclear energy capabilities and mutual growth.
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In the agreement, India and UAE will engage in joint efforts to explore and implement practices in nuclear management.
The collaboration adds technical training and expertise sharing to the development of new technologies and better infrastructure.
Key Areas of Focus
- Nuclear Plant Operations: The agreement will enhance and facilitate knowledge and experience related to the operation and management of nuclear power plants.
- Sourcing and Supply Chain: UAE and India secure reliable sources of nuclear fuel and material. They ensure the stability and sustainability of their nuclear energy.
- Investment Opportunities: The pact encloses new avenues for nuclear energy projects. It offers opportunities for joint ventures and financing arrangements.
Statements from Leaders
UAE Crown Prince Sheikh Khaled bin Muhammad bin Zayed Al Nahyan showed deeply their satisfaction with the agreement and the potential both countries hold.
This agreement opens a new chapter in the India-UAE partnership. They are not only enhancing capabilities but also contributing to global energy security.
“Agreement embodies a substantial breakthrough in our bilateral relations,” Crown Prince stated. It shows a strong commitment to boosting collaboration in key areas of mutual interest and shared goals.
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Looking Ahead
The India-UAE nuclear cooperation agreement paves the way for a range of joint initiatives. Also, develop projects in years ahead. Both countries are eager about the outcomes of this partnership and work together to achieve this goal.
India and UAE will embark on a new journey of collaboration in the nuclear energy sector, with the promise of mutual benefits and enhanced energy security.
