India-UAE plan MoU with Gujarat govt for developing food parks in the state

Welcoming the third generation of UAE leadership, Prime Minister Narendra Modi held bilateral discussions with the Crown Prince of Abu Dhabi, Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, at Hyderabad House today.

The two countries signed five Memorandum of Understanding (MoUs) following the meeting between Prime Minister Narendra Modi and the Crown Prince.

It included a MoU between Government of Gujarat and Abu Dhabi Developmental Holding Company PJSC (ADQ) on food parks development in India.

The MoU on Food Parks conveys ADQ’s expression of interest in developing Gundanapara (near Bagodara), Bavla, Ahmedabad as a highly promising site for this ambitious project, with a view to commencing the Food Park project in Q2 2025.

Most of these parks are to come up on the areas located near the Ahmedabad-Rajkot highway.

The Government of Gujarat shall facilitate ADQ and AD Ports, to obtain detailed information regarding the site and assist in obtaining necessary permissions.

Alongside, a MoU in the field of Barakah Nuclear Power Plant Operations and Maintenance between Emirates Nuclear Energy Company (ENEC) and Nuclear Power Corporation of India Limited (NPCIL); an agreement for long-term LNG supply between Abu Dhabi National Oil Company (ADNOC) and Indian Oil Corporation Limited; a MoU between ADNOC and India Strategic Petroleum Reserve Limited (ISPRL); Production Concession Agreement for Abu Dhabi Onshore Block 1 between Urja Bharat and ADNOC, was also signed.

During their meeting, the two leaders expressed satisfaction over the “substantial progress” achieved in recent years in the India-UAE Comprehensive Strategic Partnership and discussed opportunities to further widen and deepen the partnership in all areas of bilateral cooperation.

Following his meeting with PM Modi, the Crown Prince also visited Rajghat and paid tributes to Mahatma Gandhi. He became the third-generation leader from the UAE to plant a sapling at Rajghat, following Sheikh Zayedbin Sultan Al Nahyan, former President of the UAE in 1992; and Sheikh Mohamed Bin Zayed Al Nahyan, President of the UAE in 2016.

The Crown Prince will be in Mumbai on September 10 to participate in an India-UAE business forum which provides a platform for business leaders and officials from both sides to brainstorm future cooperation between the countries in various areas.

(Compiled from syndicated feed)