Modi to visit UAE, Europe on five-nation tour

Summary

Modi will tour the UAE and four European countries May 15-20 as higher oil prices pressure India’s economy.

Why this matters

The trip highlights India’s effort to address energy and economic pressures linked to higher oil prices. It also underscores New Delhi’s push to strengthen trade, investment, and energy ties with key partners.

Indian Prime Minister Narendra Modi will begin a five-nation trip from May 15-20 that includes the United Arab Emirates and four European countries, India’s foreign ministry said Monday.

The trip comes as the Middle East crisis has pushed up global oil prices and added pressure on India’s foreign currency reserves.

Modi recently called for measures including fuel conservation, fewer imports and gold purchases, and reduced travel as higher energy prices weigh on the country’s foreign exchange reserves.

In the UAE, Modi and President Mohammed bin Zayed Al Nahyan will discuss bilateral issues, especially energy cooperation, as well as “regional and international issues of mutual interest,” the ministry said.

The European leg of the trip is intended to deepen India’s trade and investment ties with those countries and follow up on the India-European Union trade deal agreed earlier this year, the ministry said.

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