India, UAE Ink Landmark Pacts on LNG, Space; Target $200 Billion Trade by 2032

• India and UAE signed agreements during UAE President Sheikh Mohamed bin Zayed Al Nahyan's visit on January 19.
• Key pacts include collaboration in space infrastructure, joint missions, and a long-term deal for 0.5 million tonnes of LNG annually.
• UAE will explore investments in India's data centre capacity, and both nations will consider a data embassy.
• An agreement on food safety was signed to boost Indian food and agricultural exports.
• The countries aim to double bilateral trade from $100 billion to $200 billion by 2032.

Why It Matters: India and UAE strengthen strategic ties with new agreements in energy, space, and trade, targeting $200 billion by 2032.