Page 291 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)

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

Minister

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

10 Sep 2024 22:29
MUMBAI (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 percent in the first half of the year.

Speaking to WAM during the UAE-India Business Forum held in Mumbai on Monday, 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://en.aletihad.ae/news/uae/4514129/uae-india-non-oil-trade-surged-10--in-h1-2024--minister