India, April 6 -- Colombo India and Sri Lanka roped in the United Arab Emirates (UAE) on Saturday for an agreement to develop an energy hub at Trincomalee, including a multi-product pipeline and further development of a World War 2 oil tank farm partly held by the Sri Lankan subsidiary of Indian Oil Corporation.

The tripartite memorandum of understanding was among seven agreements unveiled after a meeting between Prime Minister Narendra Modi and President Anura Kumara Dissanayake, and marks the first time that India and the UAE will join hands for an energy project in South Asia. The UAE's envoy to Sri Lanka, Khaled Nasser AlAmeri, joined the event where the MoU was announced.

"The UAE is a strategic partner for India in the energy spac...