The United Arab Emirates (UAE) and India will sign a trade and investment deal in a virtual summit attended by the countries two leaders, media reports said.

UAE de facto ruler Mohamed bin Zayed Al Nahyan and India’s PM Narendra Modi will witness the signing of the UAE-India Comprehensive Economic Partnership Agreement (CEPA). The agreement will “guide a new era of economic cooperation and unlock greater opportunities for trade and investment,” the UAE State News agency reported.