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Sheikha Lubna receives Indian Commerce Minister

posted on 28/03/2006: 762 views

Sheikha Lubna bint Khalid Al Qasimi, Minister of Economy received in Abu Dhabi yesterday Kamal Nath, Indian Commerce and industry Minister and his accompanying delegation. They discussed bilateral relations and cooperation, particularly in economic and commercial fields.

Also discussed was the progress of talks on Free Trade Agreement (FTA) between the GCC and India. Volume of trade exchange between UAE and India reached 15.772 billion US Dollars in 2003, with UAE non oil exports accounting for 4 billion Dollars and imports estimated at 12 billion Dollars. India's exports to GCC countries touched 10 billion Dollars between April 2004 and March 2005 while its non oil imports from the GCC reached 7 billion Dollars within the same period. (Emirates News Agency, WAM)


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