NEW DELHI: A new Indian Institute of Technology (IIT) will be set up in the United Arab Emirates (UAE) by the Indian government under the India-UAE trade deal. Signed on February 18. This is for the first time an IIT is being set up outside the country.
Presently, there are 23 IITs in India which are all located within the Indian territory. With the establishment of a new IIT in UAE, this will be the first time IITs are making their presence in a foreign country.
“Confirming the historical relations existing between the two countries and realizing the need to establish world-class institutions that encourage and support innovation and technological progress, the leaders agreed to establish an Indian Institute of Technology in the United Arab Emirates,” said a statement from the ministry of external affairs.
Union Minister of Commerce and Industry Piyush Goyal held a bilateral meeting and signed the Comprehensive Economic Partnership Agreement with the UAE delegation led by Minister of Economy, Abdulla bin Touq Al Marri & Minister of State for Foreign Trade Thani bin Ahmed Al Zeyoudi.
The deal highlighted that the two nations will also set up an India–UAE cultural council to facilitate and promote cultural projects, cross-cultural exchanges, exhibitions, among others.
