Exports to UAE get a boost from trade deal, says commerce ministry

Updated: Sep 25 2022 8:52PM

Exports to UAE get a boost from trade deal, says commerce ministry

New Delhi, Sep 25 (PTI) Exports of gems, jewellery, sugar confectionery, cereals, electrical machinery and other products to the UAE have registered a healthy growth after the two countries implemented a trade deal in May.

The commerce ministry said that Indian exports to the UAE, excluding petroleum products grew from USD 5.17 billion during June-August 2021 to USD 5.92 billion during June-August 2022, an increase of over 14 per cent.

However, sectors which recorded negative growth during the period include ships, boats and floating structures, apparel, pharmaceutical products, aluminium and articles, organic chemicals, carpets and other textile floor coverings, and silk.