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FINANCIAL NEWS
UAE, India trade to touch USD 100bn by 2020
27 Jan 2016
(MENAFN) Trade between the UAE and India may value almost USD 100bn in the coming five years, making the target of 60 percent growth by 2020, recently mutual trade worth USD 60bn.
Furthermore, trade between the two nations is predicted to rebound this year and 2017 despite declines in trade values two years earlier.
Additionally, trade reached USD 74.45bn in 2012-2013, was standing at USD 59.54bn in 2013-2014 and USD 59.61bn in 2014-2015.
India expected to become the UAE’s best import and export destination by 2020, plans changes are predicted from both sides that would have a great impact on trade relations.
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