In 2019, UAE awarded the ZAYED Medal, their highest civilian a | Deepak UPSC Notes

In 2019, UAE awarded the ZAYED Medal, their highest civilian award, to the Prime Minister of India for consolidating the long-standing friendship and joint strategic cooperation between the two nations.

The Indian Prime Minister’s visit to the UAE in August 2015 marked the beginning of a new and comprehensive and strategic partnership.

Economic Relations:

India-UAE trade was around USD 60 billion making UAE, India’s third-largest trading partner for the year 2019-20 after China and the USA.

The UAE is the second-largest export destination of India with an amount of over USD 29 billion for the year 2019-20.

For the UAE, India is the second-largest trading partner for the year 2019 with an amount of around USD 41.43 billion for non-oil trade.

Cultural Relations:

The two nations share historical ties and havemaintained regular cultural exchanges both at official and popular levels.

They signed a Cultural Agreement in 1975 and the embassies continue to organise various cultural activities on their own as well as by collaborating with other cultural organisations.

Indian Community:

The UAE is home to the Indian expatriate community of more than 2.6 million, the largest expatriate community in the UAE, which has played a major role in the economic development of the UAE.