x Abu Dhabi, UAEWednesday 26 July 2017

India trade figures show UAE's strong position

New figures released by India show the UAE's strength as a major trading partner with the emerging economic powerhouse.

The UAE was the largest trading partner with India in terms of total trade exchange during the first half of this year, according to a new report by the Ministry of Foreign Trade.

Released during the state visit of the Indian president, Pratibha Patilto, the Ministry's report said that trade exchange would reach Dh120.1bn (US$32.7bn) in 2010.

Among its non-oil trade, the UAE's main export to India was gold, at a value of Dh12.85bn (US$3.5bn).

* The National