India and UAE have signed an agreement on Currency Swap. The two countries also signed a Memorandum of Understanding for Development Cooperation in Africa. The documents were signed after the 12th session of India-UAE Joint Commission Meeting for Economic and Technical Cooperation.
The meeting was jointly co-chaired by External Affairs Minister Sushma Swaraj and her UAE counterpart Sheikh Abdullah bin Zayed Al Nahyan in Abu Dhabi.
Source- Press Information Bureau (PIB)
Static/Current Takeaways Important For IBPS Clerk Mains Exam 2018:
- The UAE’s President: Khalifa bin Zayed Al Nahyan, Capital: Abu Dhabi, Currency: United Arab Emirates dirham.