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September 30, 2021
India/UAE Trade: $115 billion Bet
There are only few pockets of growth available post-Covid. India and UAE can count themselves among these pockets. Both countries have hitherto restricted their trade and investments to normal levels. However, in recent meetings the trade ministers of both countries have set up ambitious targets to take this engagement to next level. For example, the total trade (meaning exports +Imports) dropped by 30% in 2020 due to Covid and is now placed at $42 billion. The aim is to take...