Your Majesty,

Delegates from both countries,

It gives me great pleasure to welcome you all to India.

Today is a historic day in the relations between India and Oman.

Today after 26 years, the Sultan of Oman has come to India on a state visit.

And I along with 140 crore Indians have got the opportunity to welcome you.

On behalf of all the countrymen, I heartily congratulate you.

Friends,

India and Oman have had unbreakable bond of deep friendship for centuries.

At one end of the Arabian Sea is India and at the other end is Oman.

Our mutual closeness is not limited to geography, but is also reflected in our trade spanning thousands of years, our culture, and our common priorities.

On the strength of this glorious history, we are building a bright future ahead.

Today we are adopting a new ‘India-Oman Joint Vision – A Partnership for Future’.

In this Joint Vision, concrete action-points have been agreed upon on 10 different areas.

I am confident that this joint vision will give a new and modern shape to our partnership.

I am glad that discussions on CEPA agreement are ongoing between the two sides.

Two rounds of these talks have been successfully completed in which consensus has been reached on many important issues.

I hope that we will be able to sign this agreement soon, which will add a new chapter to our economic cooperation.

Even at the global level, India and Oman have been moving forward in close coordination.

Oman, as a guest country has made a very valuable contribution to the success of India's G20 presidency.

A large number of people of Indian origin consider Oman as their second home.

These people are live examples of our close ties and our friendship.

I personally express my gratitude to His Majesty Sultan Haitham for their welfare.

I am confident that today's meeting will further strengthen our multidimensional cooperation in every field.

Your Majesty,

Once again you are welcome to India.

Last month, Oman qualified for the 2024 T-20 cricket world cup. I congratulate you for this and wish you all the best.

Now I invite you for your opening remarks.

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List of Outcomes: Prime Minister’s Visit to the UAE
May 15, 2026

S.No.

MoU/Agreement

Objectives

1.

MoU on Strategic Collaboration between Indian Strategic Petroleum Reserves Limited (ISPRL) and Abu Dhabi National Oil Company (ADNOC)

(a) Potential ADNOC crude oil storage in India’s Strategic Petroleum Reserves upto 30 million barrels, including through its participation in facilities in Vishakhapatnam, Andhra Pradesh; and development of reserve facilities in Chandikol, Odisha.

(b) Potential storage of crude oil in Fujairah, UAE, to form part of the Indian strategic petroleum reserve;

(c) Potential collaboration in Liquid Natural Gas and Liquid Petroleum Gas storage facilities in India

2.

Strategic Collaboration Agreement between Indian Oil Limited (IOCL) Company and Abu Dhabi National Oil Company (ADNOC) on supplies of Liquified Petroleum gas (LPG)

Explore potential opportunities in the sale and purchase of LPG, including long term supply of LPG, and entry into a long-term LPG sale and purchase agreement between ADNOC Gas Limited and IOCL.

3.

Framework for the Strategic Defence Partnership

A Strategic Framework for Defence Industrial collaboration, innovation and advanced technology, training, exercises, education and doctrine, special operations and interoperability, maritime security, cyber defence, secure communications and information exchange.

4.

MoU between Cochin Shipyard Limited (CSL) and Drydocks World (DDW) on setting up Ship Repair Cluster at Vadinar

 

Cooperation for setting up a Ship Repair Cluster at Vadinar, including offshore fabrication, under the Maritime Development Fund Scheme launched by the Government of India.

5.

MoU between Cochin Shipyard Limited (CSL), Drydocks World (DDW) and Centre of Excellence in Maritime & Shipbuilding (CEMS) on Skill Development in Ship Repair

The tripartite agreement establishes a framework to mobilize, train and employ skilled maritime workforce. The MoU seeks to enhance capabilities of Indian maritime workforce and position India as a hub for skilled shipbuilding and ship repair professionals.

6.

Term Sheet for setting up 8 Exaflop Super Computing Cluster in partnership between CDAC, India and G-42, UAE

 

Pave the way for collaboration between CDAC and G-42 to set up super computing cluster as part of AI Mission India.

Announcement

7.

Investment from UAE to India

(i) Abu Dhabi Investment Authority (ADIA) and National Infrastructure & Investment Fund (NIIF) of India to explore investments upto US$ 1 bn in India’s infrastructure sector.

(ii) Emirates New Development Bank (ENBD) to invest US$ 3 billion in RBL BANK of India

(iii) International Holding Company to invest US$ 1 billion in Sammaan Capital of India.