FAB’s trade relations with India have strengthened over the decades, with India being the third largest trade partner of the UAE. Trade between the two regions has grown tremendously and reached USD 60 billion in 2014-15, up from USD 43 billion in 2009-10.
It is not only trade in goods, but also the investment opportunities that India offers, such as the infrastructure sector (which requires USD 1 trillion worth of investment by 2018 to meet India’s development needs), which makes it a key location for us. FAB’s India office reflects the importance of India whilst promoting our vision of the West-East Corridor. Stretching from West Africa to East Asia, this great growth region of the world is known to FAB as the West- East Corridor with Abu Dhabi strategically located in the center of that activity.