May 13th, 2008 - Dubai, May 13 (ANI): Indian External Affairs Minister Pranab Mukherjee has said that energy security and infrastructure are the main foundations on which the relations between India and UAE will forward.Addressing a gathering at Emirates Centre for Strategic Studies and Research (ECSSR), Abu Dhabi on ‘India’s foreign policy-new challenges for 21st century’, he said country needs 500 billion dollars in resources to meet specific targets in infrastructure development set out in 11th five-year plan.
“UAE’s energy resources and investible funds and India’s ability to develop UAE’s service sector and knowledge based economy make both natural partners,” he added.
He said that the food security for Gulf and energy security for India are the opportunities for both sides, which can be leveraged, to mutual advantage. More >>>
