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FINANCIAL NEWS
UAE-Germany non-oil trade hits USD15.5bn
20 Jun 2016
(MENAFN) UAE and Germany discussed ways to enhance mutual economic relations and pursue the development of partnerships between their business communities.
Accordingly, UAE has become Germany’s main trading partner in the Arab region, accounting for 25 percent of the whole volume of trade.
Moreover, non-oil trade between the two nations last year increased by 3 percent from the previous year to reach almost USD15.5bn.
Meanwhile, the UAE aims to spread the national economy, develop its non-oil sectors and uplift the role of the private sector.
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