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Prioritise trade pact with GCC

NEWSROOM by NEWSROOM
January 25, 2023
in FOOD
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Despite the Gulf region being home to the largest Indian expatriate community with long-standing relations, its enormous economic potential remains unexplored. Countries of Gulf Cooperation Council (GCC) consisting of United Arab Emirates (UAE), Saudi Arabia, Oman, Qatar, Kuwait and Bahrain with over 8.5 million non-resident Indians, constitute 65 per cent of total NRIs.

GCC was the source of the largest foreign inward remittances, garnering…



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Tags: ExportsGCCNRIsOil importsRemittancesTrade deficit
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