DP World's Jebel Ali Free Zone (Jafza) is supporting the growth of India - UAE bilateral trade relations by outlining its efforts to drive towards the $100 billion goal for non-oil trade over the next five years.
In 2022, the bilateral trade between the two countries consisted of imports valued at AED 25.2 billion, while exports and re-exports were valued at approximately AED 4.2 billion.
V Muraleedharan met Indian volunteers and social workers in Manama and lauded them for their contribution in promoting bilateral trade and economic ties, urging them to utilize the growing business opportunities in India.
"As for the rupees this is a problem because we accumulated billions of rupees in accounts in the Indian banks and we need to use this money", said the Russian Foreign Minister during a media briefing here.
In a meeting with National Security Advisor of India Ajit Doval in Tehran on Monday, Shamkhani said using national currencies in bilateral trade between Iran with India would help the two countries reach their joint economic objectives.
During the past year, CEPA has made a significant impact on India's Bilateral Trade with the UAE and particularly India's Exports to the UAE (Oil and Non-Oil). The Bilateral Trade between India and the UAE has touched historic highs during FY 2022-23. Trade has increased from USD 72.9 bil
Swedish Minister for Infrastructure and Housing, Andreas Carlson, was on a two-day visit to discuss bilateral trade relations, sustainability, and aviation between Sweden and India.
The meeting which took place on Thursday was on key areas which were discussed in February that included mechanisms relating to the expansion of bilateral trade, the ways to establish and promote rupee trade between Sri Lanka and India as a means of economic recovery in Sri Lanka, and the po
In order to facilitate cross-country transactions, Sonali Bank and Eastern Bank will open accounts in the State Bank of India and ICICI Bank. The two Indian banks will also open similar accounts in the two Bangladeshi banks, as per the news report.
During the visit, External Affairs Minister Jaishankar and Manturov Co-Chaired the 24th session of the Inter-governmental Commission which is a mechanism for monitoring the bilateral progress of trade and economic cooperation between the two countries. The Sides reviewed the entire gamut of
External Affairs Minister S Jaishankar on Monday said that India and Russia have crossed bilateral trade target of USD 30 billion before 2025 adding that it is expected that the trade will continue to increase.
He took stock of progress made in wide spectrum of areas of cooperation, including trade & investment, agriculture, energy, railways, health, education, development cooperation and defense.