Indias Trade Relations

with
United
Arab
Emirates

About U.A.E. in brief

Capital City : Abu Dhabi
Largest City : Dubai
Population : 8,132,491 (94th in the world)
GDP (2010) : 239.56 billion USD
Per Capita
HDI
Currency

: US$49,995
: 0.815 (32nd in the world)
: Dirham = 12.3 INR

Indians numbering about 2 million are employed in the

U.A.E. economy

India-U.A.E. bilateral relations

Plastic and
linoleum

Machinery
and
instruments

Marine
products

India as
import
partner :
10% of
U.A.E.s
import

Cotton
accessories

Gems and
jewelry

Man-made
yarn and
fabrics

India-U.A.E. bilateral relations

25000
20000
15000
10000
5000

Import
Export
Trade Balance

Source : Dept of commerce,

India-U.A.E. bilateral relations

India as export partner : 4.8% of
U.A.E.s export

Pearl and precious/semi-precious stones ; Gold

Pulp and paper waste
Sulphur and unroasted iron pyrites
Metal scrap
Organic and inorganic chemicals

Bilateral Treaties
Agreement between Press Trust of India and Emirates News
Agency for mutual professional cooperation

Defense Cooperation Agreement

MoU on Manpower Sourcing

MoU for Cooperation between Indian Council of World Affairs
(ICWA)and Emirates Centre for Strategic Studies and
Research (ECSSR)
MoU between Securities and Exchange Board of India and
Emirates Securities and Commodities Authority for
Assistance and Mutual Cooperation on the Exchange of
Information

Economic Relations
U.A.E. is the 2nd largest market globally for

Indian products
Indo-U.A.E. joint commission for economic,
scientific and technical cooperation was set
up in Jan 1975 on an EAM level.
Trade and Investment
Combat crime, terrorism and illicit
activities
Education, culture, youth and sports
Science and Technology

Economic Relations
India is also the 3rd largest investor in U.A.E.
Major Indian companies in U.A.E.
L&T
Punj Lloyd
Hinduja Group
Pioneer Cement
Oberoi Group of Hotels

Economic Relations
India has topped the list of export market for

Dubai for the 2nd consecutive year with a share

of 40.6% at 5.36 billion US$.
Joint Business Council agreement was signed
on 19th Feb 2004 at Mumbai between
Federation of U.A.E. member of commerce and
industry and Federation of Indian Chambers of
commerce and industry.
IT, Oil-gas
Healthcare
Infrastructure
Tourism

Economic Relations
U.A.E. has invested over USD 5 billion in India

through FDI and FII routes.

Major U.A.E. companies investing in India
DP world
RAK Investment
Authority
Emaar Group
Damas Jewellery
Al Nakheel
Abu Dhabi
Commercial Bank
ETA Star Group
SS Lootah Group
Emirates Techno Casting

Business Environment in
U.A.E.
U.A.E. possesses 10% of
worlds proven crude oil
reserves, which will last for
more than 100 years.

U.A.E. free trade zones are

hometo more than
3000companies with an
estimated trade of around
US$ 8 billion.
U.A.E. has easy access to 1.5
billion consumer markets
situated in Africa, West Asia
and East Europe as well as the
areas around the Red Sea and
the Gulf.

The Future
Recent visit : The president of India visited U.A.E.
from 21st to 25th November 2010
Agreement on security cooperation,
counter-terrorism and maritime security
Specific proposals focusing on education,
science and technology and regional security
An important area of cooperation, food security
U.A.E. to invest in projects for enhancing
agricultural production in India, especially in
the area of food processing
Labor welfare

The Future

U.A.E. to participate in activities in the

petroleum sector to strengthen India's energy
security, as well as in the infrastructure
sector, including in the Railways.
Simultaneously, the U.A.E. assured India that
it would back New Delhi's efforts for a
permanent seat in the United Nations
Security Council.
India-U.A.E. relations have been traditionally
warm and friendly and based on continuity,
trust and confidence without any irritants.
This is likely to continue.

Thank You