Page 309 - MOE ENGLISH PR REPORT - JULY 2024
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7/29/24, 3:41 PM H.E. Bin Touq discusses ways to enhance cooperation in new economy, tourism, entrepreneurship and transport sectors during me…
Trade and Investment Cooperation between UAE and India
The UAE’s FDI in the Indian markets cover several vital economic sectors, most notably renewable energy, software, IT
services, and automotive manufacturing. The non-oil trade exchange between the two countries is also witnessing
continuous growth, with the total value of non-oil trade between the two sides exceeding USD 53.5 billion in 2023, a
growth rate of 3.9 per cent compared to 2022.
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