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DAVOS 2023-UAE and India discussing settling non-oil trade in rupees

DAVOS 2023-UAE and India discussing settling non-oil trade in rupees

The United Arab Emirates remains in early conversations with India to trade non-oil products in Indian rupees, Preacher for Foreign Trade Dr Thani Al Zeyoudi informed Reuters on Thursday.

The priest said various other countries, including China, had additionally elevated the issue of working out non-oil profession repayments in regional currencies. He included that the UAE is intending to end a trade arrangement with Cambodia in the very first quarter.

Last Updated:  19 January 2023

Tags: DAVOS 2023 oil trade The Worlds Times
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