PM Modi government’s strategic oil reserve move: 5 things you need to know about the pact between India and UAE


PM Modi government’s strategic oil reserve move: 5 things you need to know about the pact between India and UAE

PM Narendra Modi-led Union Cabinet has cleared numerous pacts including a Definitive Agreement on Oil Storage and Management between ISPRL and ADNOC of UAE. After PM Modi ended his assembly election campaign in Varanasi, there was a flurry of activities found where the cabinet cleared many other pacts too including a Rs 4,500 crore project in order to revive 50 unserved and underserved airports, airstrips and a MoU between India and Portugal on cooperation in the field of IT & E, MoU on Renewable Energy. This came after PM Modi spent 3 days and addressed a number of rallies ahead of the assembly elections. The Cabinet has now approved the signing of Definitive Agreement on Oil Storage and Management between ISPRL, and ADNOC of UAE. Read More…

Credit By : Financialexpress.com

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