Muscat - The bilateral trade between India and the United Arab Emirates (UAE) is on track to surpass the $100 billion target well before 2030, underscored by a notable 12.7 per cent (year-on-year) increase, according to a recent report.
The UAE remains India’s third-largest trading partner and second-largest export destination (FY2022-23).
According to a report by Primus Partners, Bilateral trade reached $85 billion in FY 2022-23 and is expected to cross the 2030 target of $100 billion well before the expected timeline.
Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.
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