09-01-2021
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Trade ties between India and UAE are deep rooted. In recent years India-UAE bilateral trade has grown enormously. Comment

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ahsan57900 ahsan57900

14-01-2021

Answer:

Yes.

Explanation:

Yes, India-UAE bilateral trade has grown enormously in recent years. India invests huge amount of capital in the UAE while on the other hand, India is an important market for the goods manufactured in UAE. The trade between India and UAE has reached about US$ 59 billion for the year 2019-20 which made India the third largest trading partner in this year.

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