Question

Mention three main areas of trade between India and the UAE in the present era.

Answer 1

Answer:

Explanation:

Air Links between two countires

There are over 475 flights per week between various destinations in India and UAE, shared by Emirates, Etihad, Air Arabia, Kingfisher, Jet Airways, Air India and Air India Express. Out of this three UAE national airlines (Emirates, Etihad and Air Arabia) operate about 304 flights per week which represents approximately 64% of total flights operated in this sector.

India and United Arab Emirates also have Air Services Agreement (ASA). The Agreement allows both the countries to designate any number of airlines for operation of mutually agreed services for which the respective country shall grant appropriate authorization and permission.

Answer 2

Petroleum products, precious metals, and base metals are currently the three main areas of trade between India and the UAE in the present era.

Explanation:

• There have recent talks between the two countries to increase the bilateral trade in the area of textile, medicals, vehicles, and food. India is the currently united Arab emirate's second-largest trading partner.
• UAE is one of the largest producers of petroleum products. Abu Dhabi is the current capital city of United Arab Emirates.

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