India climbs up UAE trade charts: Report - 0 views

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  #1 india incorporated on 17 Dec 14

   

  
  India is rapidly becoming one of the biggest trading partners with Gulf Co-operation Council (GCC) countries.
  
  A new report released by the Economist Intelligence Unit (EIU) in conjunction with Dubai-based Falcon and Associates titled 'GCC Trade and Investment Flows' shows a decisive shift in favour of Asia, with India and China seen as the most critical economies.
  
  GCC exports to India have grown at an annual rate of 43 per cent over the last decade, the highest rate with any major trade partner, now making up 11 per cent of total GCC exports. India has also emerged as the third-largest investor in the United Arab Emirates (UAE).
  
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  <div class="cArrow"> </div><div class="cContentInner"><img title="Image: https://www.diigo.com/file/image/qqsbrpczcedcpocdazbpcreqdc/India+inc+GCC+trade+and+Investment+gulf.jpg" src="https://www.diigo.com/file/image/qqsbrpczcedcpocdazbpcreqdc/India+inc+GCC+trade+and+Investment+gulf.jpg" class="wysiwyg-image" /><br />India is rapidly becoming one of the biggest trading partners with Gulf Co-operation Council (GCC) countries.<br /><br />A new report released by the Economist Intelligence Unit (EIU) in conjunction with Dubai-based Falcon and Associates titled '<a rel="nofollow" target="_blank" title="Link: http://www.economistinsights.com/analysis/gcc-trade-and-investment-flows" href="http://www.economistinsights.com/analysis/gcc-trade-and-investment-flows">GCC Trade and Investment Flows</a>' shows a decisive shift in favour of Asia, with India and China seen as the most critical economies.<br /><br />GCC exports to India have grown at an annual rate of 43 per cent over the last decade, the highest rate with any major trade partner, now making up 11 per cent of total GCC exports. India has also emerged as the third-largest investor in the United Arab Emirates (UAE).<br /><br /><a rel="nofollow" title="Link: http://www.indiaincorporated.com/item/4118-india-climbs-up-uae-trade-charts-report.html" href="http://www.indiaincorporated.com/item/4118-india-climbs-up-uae-trade-charts-report.html">Read more...</a><br /><br />Visit us at: <a rel="nofollow" title="Link: http://www.indiaincorporated.com" href="http://www.indiaincorporated.com">www.indiaincorporated.com</a></div>

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