Indian Prime Minister, Narendra Modi, travelled to UAE and then on tour of 4 EU countries (The Netherlands, Norway, Sweden, Italy) to shore up India's energy supplies and strengthen trade and investments into India, in the face of turmoil in global energy markets and recently concluded India-EU trade agreement!

    https://www.scmp.com/week-asia/politics/article/3353946/modis-grand-tour-india-links-uae-europe-hedge-global-shocks

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    1. BeatlesCoted_Azur on

      Submission Statement: Indian Prime Minister Narendra Modi’s whirlwind visit to the United Arab Emirates before his four-nation tour that took him through the Netherlands, Sweden, Norway and Italy arrived at what analysts characterised as a moment of acute strategic opportunity. With global oil prices spiralling amid the fallout from the US-Israel war on Iran and the Middle East’s diplomatic landscape shifting beneath everyone’s feet, Modi brought with him not just diplomatic pleasantries but a set of concrete energy agreements that promise to help insulate India from the worst of what is to come, particularly interesting in the wake of UAE’s exit from OPEC recently.

      India and the European Union concluded a sweeping free trade agreement in late January – hailed by senior leaders on both sides as the “mother of all deals” – which, once it clears legal review and formal translation, is expected to create one of the world’s largest trading blocs. Modi sought to solidify trade and investment relationships in sectors as varied as semiconductors, defense, energy, critical minerals, green hydrogen and maritime cooperation.