Page 290 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)

UAE-India non-oil trade surged 10% in H1-2024:

Minister

• Tuesday, September 10, 2024 9:56 PM
• 1 minute Reading

MUMBAI, 10th September, 2024 (WAM) -- Dr Thani bin Ahmed Al Zeyoudi, Minister of State for
Foreign Trade, said that non-oil trade between the UAE and India surged 10% in the first half of the
year.

In statements to the Emirates News Agency (WAM) during the UAE-India Business Forum held in
Mumbai today, organised by the Ministry of Economy and the UAE Embassy in New Delhi in
cooperation with the Indian Ministry of Commerce and Industry, the minister highlighted the
substantial growth in Emirati investments in India. These investments, he explained, reached a
remarkable $3.3 billion last year, while Indian investments in the UAE exceeded $2 billion,
demonstrating the strong economic ties between the two countries.
The minister added that one of the objectives of the forum is to explore joint cooperation
opportunities and continue to benefit from the Comprehensive Economic Partnership Agreement
among business leaders and companies in both countries.

https://www.wam.ae/en/article/b547va0-uae-india-non-oil-trade-surged-10-h1-2024