India, UAE sign pact to develop trans-continental trade corridor to connect Europe with India through Middle East

News Snapshot:

India and the United Arab Emirates on Tuesday signed an agreement on a trade corridor that aims to connect Europe with India through parts of the Middle East by sea and rail, an ambitious plan backed by the US and the European Union. Prime Minister Narendra Modi on Tuesday held wide-ranging talks with the UAE’s President Sheikh Mohamed bin Zayed Al Nahyan to take forward the bilateral strategic partnership. Both leaders held one-on-one and delegation-level talks, reviewed the bilateral partnership and discussed new areas of cooperation. They also talked about deepening the comprehensive strategic partnership across sectors, including trade and...