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UAE-India discuss boosting of bilateral economic relations

posted on 21/11/2005: 684 views

A visiting delegation from Kerela's Chamber of Commerce and Industry arrived here to discuss with the UAE Federation of Chambers of Commerce and Industries, ways of boosting economic relations between the UAE and India, stated Abdullah Rashid Al Kharji, Deputy Chairman of the FCCI. Al Kharji called upon Indian industrial and commercial entities to make use of the various opportunities and facilities provided by the UAE.

He pointed out that the volume of non-oil trade exchange between UAE and India has exceeded Dh 11 billion during the previous year, that trade exchange rates between both countries have climbed to 62 percent in 2004 compared to 2003 which was recorded at Dh 7 billion and that the volume of UAE exports to India has reached Dh5.4 billion by 115 percent increase during previous year which recorded at Dh2 billion. (The Emirates News Agency, WAM)


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