Friday 14 August 2015

Modi Eyes Gulf Billions in Rare Visit by Indian Leader - Bloomberg Business

Modi Eyes Gulf Billions in Rare Visit by Indian Leader - Bloomberg Business:



"Narendra Modi heads to the United Arab Emirates in the coming week to seek cash from the world’s second-richest sovereign wealth fund for everything from trains to toilets.



Modi will be the first Indian prime minister in more than 30 years to visit the U.A.E., India’s third-biggest trade partner. The two-day visit will feature discussions that will probably refer to the sovereign wealth fund, according to Indian Foreign Ministry spokesman Vikas Swarup.



“I seek to enhance cooperation in energy, trade and will talk to investors on why India is an attractive destination,” Modi wrote on Facebook on Thursday."



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